2987 Lowe Court
Kelowna, British Columbia V1Y8L3

$1,974,000

ID# 10303070
UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2997 Lowe Crt, 2977 Lowe Crt, 2922 Gordon Dr, 2930 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Upcoming changes allow option to rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:3942)
Courtesy of Coldwell Banker Horizon Realty

Listed on: January 26, 2024

On market: 300 days
Bathroom Total 3
Bedrooms Total 5
Half Bathrooms Total 0
Year Built 1990
Cooling Type Central air conditioning, Heat Pump
Flooring Type Carpeted, Ceramic Tile, Vinyl
Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 2.5
KitchenMain level9'2'' x 11'4''
Laundry roomMain level5'5'' x 9'2''
Primary BedroomMain level12'5'' x 10'7''
BedroomMain level9'5'' x 12'11''
Full bathroomMain level7'4'' x 4'11''
OtherMain level11'8'' x 12'8''
OtherMain level19'6'' x 13'8''
Laundry roomMain level9'1'' x 9'6''
FoyerMain level6'5'' x 9'4''
Living roomMain level11'5'' x 19'2''
BedroomAdditional Accommodation9'7'' x 10'3''
BedroomAdditional Accommodation9'6'' x 10'0''
Full bathroomAdditional Accommodation7'10'' x 5'4''
OtherAdditional Accommodation6'5'' x 4'4''
Primary BedroomAdditional Accommodation10'1'' x 13'7''
Full bathroomAdditional Accommodation5'6'' x 7'11''
KitchenAdditional Accommodation11'9'' x 14'5''
Living roomAdditional Accommodation11'7'' x 20'5''
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2987 Lowe Court

Louise Levesque

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Louise@LouiseLevesqueRealEstate.ca

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