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1009 Hudson Road
West Kelowna British Columbia , V1Z1J2 , Canada
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$1,699,900.00
MLS® 10302842
Investment
No. of Parking Spaces: 5
Floor Space (approx): 2968.00 Square Feet
Built in: 2002
Remarks:
WEST KELOWNA DEVELOPMENT OPPORTUNITY: 8 UNIT POTENTIAL ON 0.34 ACRES NEAR TRANSIT. Premier development opportunity in West Kelowna's wine country with this 0.34-acre property, well positioned for an 8 residential project. Located on a corner lot with access from both Boucherie Road and Hudson Rd, the property aligns with recent legislative incentives for increased housing density near transit routes, enhancing its development potential. Currently, the site houses a 5-bedroom, 3-bathroom dwelling, split into a legal 2-bedroom basement suite and a 3-bedroom upstairs suite, generating an annual gross Revenue of $65,820. This revenue stream provides an excellent holding opportunity for investors or developers planning future projects. The flat terrain of the lot simplifies construction, and its strategic location in a burgeoning area, combined with the recent renovations to the existing structure, makes it an attractive proposition for those looking to invest in West Kelowna's growing housing market. This property offers a unique chance to contribute to the area's urban development while tapping into the lucrative potential of the region's real estate sector. (id:7526)

Property Features:
  • Features: Irregular lot size
  • OwnershipType: Freehold
  • Parking Type: Attached garage
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
  • View Type: View (panoramic)
  • Zoning Type: Unknown
Building Features:
  • Appliances: Refrigerator , Dishwasher , Dryer , Range - Electric , Washer
  • Architectural Style: Rancher
  • Basement Type: Full
  • Building Type: Multi-Family
  • Cooling Type: Central air conditioning , Heat Pump
  • Exterior Finish: Stucco
  • Fireplace Fuel: Gas
  • Fireplace Type: Unknown
  • Flooring Type : Carpeted , Laminate
  • Heating Fuel: Electric
  • Heating Type: Forced air , Heat Pump
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members 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.

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