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Home BC Greater Kelowna Kelowna Central City
706 Rose Avenue
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706 Rose Avenue $1,948,000
$1,948,000
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706 Rose Avenue
Kelowna, British Columbia V1Y5K2

MLS® Number: 10317121

Listing Description

INVESTOR AND DEVELOPER ALERT! 8 Lot, 1.208 Total Acres Land Assembly with MF4 Zoning, in the Transit Oriented Area, on the Transit Corridor. Allows for Commercial Retail Units on the ground level. Offering an aggregate sale price $14,626,000. All buildings within a 400 meter radius of the Kelowna General Hospital, measured from the epicenter, located at the center of Pandosy St and the causeway that goes across Pandosy St, are eligible for 6 storey apartments. Maximum Base Density is 2.5 FAR, with 0.3 FAR bonus available for purpose built rental or affordable housing. Maximum Site Coverage for all buildings is 65% coverage. Must be sold in Land Assembly with 2237 Richter St, 2243 Richter St, 2253 Richter St, 2257 Richter St, 2265 Richter St, 2277 Richter St, 2287 Richter St. (37366187)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Kelowna South
Title
Freehold
Land Size
0.18 ac|under 1 acre
Annual Property Taxes
$5,119.93
Time on REALTOR.ca
91 days

Price and Sale History

Date Status Price
Apr 3, 2023 Sale Closed $825,000
Oct 14, 2020 Sale Closed $605,000
May 25, 2009 Sale Closed $270,000
Jun 6, 2000 Sale Closed $113,000

Building

Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Not Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Park, Recreation, Schools, Shopping

Land

Lot Features
Fencing
Fence
Present Use
Development residential
Road Type
Paved road
Other Property Information
Access
Easy access
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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