Okanagan Real Estate & Okanagan Homes For Sale

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$1,755,000
24 Days Online

1216 Ethel Street
Kelowna, BC V1Y2W5

For Sale|Single Family Home|Active
5
Beds
2
Full Baths
1
Partial Bath
960
SqFt
$1,828
/SqFt
1954
Built
Subdivision:
Kelowna North
County:
Call Now: 250-212-5672
Is this the home for you? We can help make it yours.
250-212-5672
1216 Ethel Street1216 Ethel Street1216 Ethel Street1216 Ethel Street
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Monthly Payment (Est.)

$8,007
Calculator powered by Showcase IDX. Copyright ©2023 Information is deemed reliable but not guaranteed.

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:32990)

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Listing Snapshot
Price 
$1,755,000
Days Online 
24 Days
Bedrooms 
5
Inside Area (SqFt) 
960 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.15 Acres
Year Built 
1954
MLS Number 
10255395
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS
3 weeks agoListing first seen online
General Features
Sewer 
Public Sewer
Water 
Public
Property Sub Type 
Single Family Residence
Interior Features
Fireplace 
No
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Exterior Features
Waterfront Property 
No

Listing courtesy of: Mackenzie Moore of Coldwell Banker Horizon Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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