$2,488,000 Sale

Listed 89 days ago

1220 K.L.O Road

MLS® 10392834 House

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Beds · 1

Baths · 2.0

Parking · 0

Sqft · 1187

Est. mortgage

$9,439/mo

Key Facts

Key facts for 1220 K.L.O Road

Property Type

House, Contemporary

Parking

Garage: No, 0 parking

MLS #

10392834

Size

1187 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1968

Maintenance Fee

Description

STRATEGIC LAND ASSEMBLY OPPORTUNITY IN KELOWNA'S KLO CORRIDOR Rare opportunity to acquire a strategically positioned parcel within a three- or four-property land assembly located in Kelowna's rapidly evolving KLO Road corridor. Situated within a designated Transit Supportive Corridor, 1220 KLO Road... forms part of a broader redevelopment opportunity that includes neighbouring properties with Council-approved MF3 rezonings. City planning discussions have indicated support for extending a similar redevelopment framework across the balance of the assembly (buyer to independently verify). A preliminary concept package is available outlining a potential six-storey, 79-unit multi-family development currently achieving approximately 2.05 FAR, with potential for increased density through available incentives and design optimization (buyer to verify) up to a 2.305 FAR. The vendor's pricing objective is based on $79 per buildable square foot, calculated on approved density achieved through the development process. The advertised list price should be considered indicative only and subject to adjustment based on final approved buildable area. location - The assembly benefits from proximity to transit, schools, shopping, employment centres, parks, and major transportation routes. Serious developer inquiries only. Preliminary concepts and assembly information available upon request. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

2.0

Square Footage

1187 sqft

Heating Type

Baseboard heaters

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

2.0

Square Footage

1187 sqft

Heating Type

Baseboard heaters

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.36 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Acreage

0.36 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Building Description

Style

Contemporary

Home Type

House

Subtype

House

Year Built

1968

Sewers

Municipal sewage system

Water Supply

Municipal water

Architectural Style

Contemporary

Style

Contemporary

Home Type

House

Subtype

House

Year Built

1968

Sewers

Municipal sewage system

Water Supply

Municipal water

Architectural Style

Contemporary

Community

Kelowna South

Area Code

Kelowna

Community

Kelowna South

Area Code

Kelowna

Room Types

Full bathroom

Dimensions 10' x 12'

120 sqft

Full bathroom

Dimensions 5' x 10'

50 sqft

Kitchen

Dimensions 10' x 14'

140 sqft

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Christine Boisseau

Email: [email protected] Cell: 250-300-1115