Description

3 Home land assembly, must be sold with 1216 and 1220 Ethel street(total list price $4,499,000). Total assembly .45 Acres. Total rental income for all 3 properties $9680/m tenants all pay own Electric/gas. City has previously stated that they would support MF3/CA1. Assembly sits in a Core Neighbourhood area (C-NHD) and lines a Transit Supportive Corridor. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students, savvy investors, & city slickers eager to own a piece of Kelowna's urban revolution. 1 hour to Big White, 20 minutes to YLW international airport, 16 minutes to UBCO (along HWY 97) 2 minutes to the future downtown campus, & walking distance to groceries, shopping, restaurants, entertainment, parks, and beaches. Homes being sold ""as is where is."" Selling for LAND VALUE. Jump on this rare opportunity to secure your legacy & contribution to downtown Kelowna's evolving skyline. (id:6770)