3080 Holland Road
Kelowna, British Columbia, V1W3P8
For Sale | $2,000,000 | 4 beds | 2 baths
Key facts
- Property type: Single Family
- Structure: House
- Transaction: For Sale
- Price: $2,000,000
- Bedrooms: 4
- Bathrooms: 2
- Interior size: 2,204 sqft
- Lot size: 0.37
- Year built: 1968
- Listing key: 29732557
Listing overview
MF3 DEVELOPMENT OPPORTUNITY IN TRANSIT CORRIDOR – (KLO AREA) Excellent opportunity to acquire a multi-family, multi-story development site in Kelowna’s rapidly evolving KLO Rd corridor. This property can be developed in conjunction with the other two MF3 zoned properties in the assembly, allowing for near-term development potential in a high-demand rental and residential market. Situated within a designated transit supportive corridor, the site benefits from progressive planning policies supporting increased density and more flexible parking requirements (buyer to verify with City of Kelowna). FAR of 2.05 for residential development - and utilizing the available rental bonus, an FAR of up to 2.35 is achievable. In conjunction with the neighboring MF3-zoned lot, the site presents an efficient and financially compelling development opportunity. The City will support rezoning to MF3- allowi...
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