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Brandon Grass

brandon@brandongrass.com +1(250) 212-5672

$ 1,090,000

Est. payment -/mo

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2166 Aberdeen Street Kelowna, BC V1Y2T4

9 Beds

3 Baths

2,367 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,367 sqft

Price per Sqft $460

Subdivision Kelowna South

MLS® Listing ID 10362252

Style Bungalow

Bedrooms 9

Year Built 1930

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

This expansive 9-bedroom, 3-bathroom property with a single garage and alleyway access offers incredible potential for development. Zoned MF4, this site is primed for multi-family development. And with a land assembly, up to 6 stories can be built. While the house itself is in poor condition and a tear down, an estimated renovation quote of $177,000 is available should you choose to restore the property. A detailed proposal can be shared upon request. Alternatively, the property could serve as a boarding home in its current state, if renovated. The seller has already prepared development plans for a triplex, featuring a duplex with rear access and a charming detached home at the front. Once built, the three units could be sold separately. Located in a highly sought-after and rapidly developing area, this property is just 450 meters from KGH. For even greater potential, consider combining with neighboring properties to pursue up to a 6-story development approval. Demolition costs are approximately $25,000 (with a quote available), and there is NO ASBESTOS on the premises. A pre-demolition inspection report is available to verify this. This is a prime location and lot, offering a wealth of opportunities for the savvy investor or developer. The appraisal of this property is $1.35 Million and a copy is attached in supplement. Pictures are of the completed product once constructed as well as some current pictures. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 1.0

Extra Room 1 Second level 10'2'' x 9'6'' Bedroom

Extra Room 2 Second level 11'0'' x 10'0'' Bedroom

Extra Room 3 Basement 9'8'' x 9'2'' Bedroom

Extra Room 4 Basement 10'4'' x 10'2'' Bedroom

Extra Room 5 Basement 10'2'' x 9'6'' Bedroom

Extra Room 6 Basement 10'0'' x 9'0'' Bedroom

Interior

Heating Baseboard heaters, , Forced air, See remarks

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

Listed by Royal LePage Kelowna

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