1216 Ethel Street, Kelowna, British Columbia V1Y 2W5
$1,755,000
HEALTHY CASH FLOW! Approximate rental income/month = +$14,500 (for 1206, 1216, 1220, 1230). Best development opportunity in Kelowna; this location is unmatched. Lot 2 of 4, this 0.15 acre (6,534 SF) lot is part of a 0.60 acre (26,136 SF), 4-lot assembly downtown (10255398). Total list price for all 4 contingent lots is $7,355,000. 1216 Ethel St offers 44ft (13m) of frontage on Ethel St and 143ft (43m) of frontage (via 1206 Ethel) on Clement Ave (a Transit Supportive Corridor). The assembly's OCP designation is C-NHD & is situated along a TSC with proposed max density of up to 2-2.05 FAR. Benefiting from frontage on Clement Ave (TSC), a developer can potentially BUILD UP TO 12 STOREYS. 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" in its early stages. Sellers make no representation/warranties regarding details of structures. Info on structures is not correct. Buyer to confirm details if/when viewing upon accepted offer. Selling for LAND VALUE. Jump on this opportunity TODAY to secure your legacy and contribution to downtown Kelowna's evolving skyline. (id:46156)
Property Details
| MLS® Number | 10255395 |
| Property Type | Single Family |
| Neigbourhood | Kelowna North |
| Features | Central Location, Flat Site |
| Water Front Type | Waterfront Nearby |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Constructed Date | 1954 |
| Half Bath Total | 1 |
| Size Interior | 960 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.15 |
| Size Total | 0.15 Ac|under 1 Acre |
| Size Total Text | 0.15 Ac|under 1 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Full Bathroom | Measurements not available | ||
| Second Level | 2pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | 1 ft | 1 ft | 1 ft x 1 ft |
| Main Level | Living Room | 1 ft | 1 ft | 1 ft x 1 ft |
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 1 ft | 1 ft | 1 ft x 1 ft |
| Main Level | Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/24504717/1216-ethel-street-kelowna-kelowna-north
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