604-608-5999
1402 Cara Glen Ct, Kelowna, BC for Sale
Commercial LAND - FOR SALE
1/12
73,616 SF

1402 Cara Glen Ct
Kelowna, BC V1V 2J1


HIGHLIGHTS

  • Turnkey Development Opportunity
  • Development Permit In Place For 108 Unit Rental Development
  • Fantastic Location in Knox Mountain Village
  • Significantly Reduced Pricing

OVERVIEW

1402 Cara Glen Court presents a rare opportunity to acquire a fully entitled, purpose-built rental apartment development site in Kelowna’s highly desirable Glenmore neighbourhood. The 1.69acre property is located just off Clifton Road at the base of Knox Mountain, offering proximity to downtown Kelowna, schools, parks, and Landmark District. Zoning and Development Permit approvals are in place for a 108unit rental apartment building comprising approximately 78,485 square feet of net rentable area at a density of 1.1 FAR. The site benefits from MF3r zoning, underground parking, completed geotechnical and environmental studies; significantly de-risking the development process. The property will be delivered graded f lat, allowing a purchaser to move efficiently toward construction. The price has been significantly reduced, making it one of the best purchase opportunities in the region. This offering represents a compelling opportunity to deliver residential housing in one of the most sought after locations in Kelowna.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.69 AC

LAND SF

73,616 SF

OFFSITE IMPROVEMENTS

-

ZONING

MF3r

APN/PARCEL ID

031-159-125

ASK ABOUT THIS PROPERTY

Cody BuchamerCushman & WakefieldMore Info
604-608-5999

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Cody BuchamerCushman & WakefieldMore Info
604-608-5999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.