Investor Alert! This location and a great home footprint allow you to either move in and enjoy the beautiful neighbourhood and surroundings, adding your personal touches & updates over time, or grasp the Prime opportunity unfolding in the highly sought-after Abbott Street corridor—one of the most desirable and vibrant areas in the city. This exceptional property boasts UC5 zoning, offering unmatched development potential with permitted construction of up to 4 stories, including the exciting possibility of rooftop patios. With a generous building envelope of up to 12,000 sq. ft., this is a rare chance to capitalize on one of the city's most flexible and high-value zoning designations. Whether you're envisioning a luxury multi-family development, high-end townhomes, or an iconic mixed-use build, the location and zoning offer limitless residential investment potential. Nestled in a dynamic neighborhood just steps to the lake, beaches, cafes, and cultural attractions, this site offers the perfect blend of urban lifestyle and long-term growth. Buyers are advised to perform their own due diligence with the City to explore all future development possibilities. Don’t miss this golden opportunity to create something remarkable in the heart of the Abbott Street corridor! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
2,152 sq. ft.200 m2
Zoning:
Unknown
Taxes:
$8,386.29 /
-
Community:
Kelowna South
Exterior Features:
Brick, Aluminum
Community Features:
Pets Allowed, Rentals Allowed
Structure Type:
House
Appliances Included:
Refrigerator, Range - Electric, Dishwasher, Washer/Dryer Stack-Up
Data was last updated April 24, 2025 at 08:15 AM (UTC)
Area Statistics
Listings on market:
213
Avg list price:
$1,500,000
Min list price:
$215,000
Max list price:
$5,790,000
Avg days on market:
43
Min days on market:
1
Max days on market:
680
Avg price per sq.ft.:
$700.61
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.