0.41 acre (17,860 SF) MF2 zoned development site in the Rutland core area. Well located in a family-friendly neighborhood at the end of a cul-de-sac near Springfield Rd and Rutland Rd South. The property is within walking distance to 3 schools and Mission Creek Regional Park, and close to all major amenities. DP Application previously submitted to the City of Kelowna for 9 residential 3-storey townhome units between 2 buildings. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. All 9 units offer 3 bedrooms, backyard patios, and double garages (7 units have side-by-side garages, 2 units have tandem garages). Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Holding income provided from the existing duplex on site (3 units). Option to acquire the holding company, which can eliminate the Property Transfer Tax. (36784118)
Property Type
Vacant Land
Neighbourhood Name
Rutland South
Land Size
0.41 ac|under 1 acre
Annual Property Taxes
$5,733 (CAD)
Time on REALTOR.ca
320 days
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