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1009 Hudson Road
West Kelowna, British Columbia V1Z1J2

$1,699,900

ID# 10302842
WEST KELOWNA DEVELOPMENT OPPORTUNITY: 8 UNIT POTENTIAL ON 0.34 ACRES NEAR TRANSIT. Premier development opportunity in West Kelowna's wine country with this 0.34-acre property, well positioned for an 8 residential project. Located on a corner lot with access from both Boucherie Road and Hudson Rd, the property aligns with recent legislative incentives for increased housing density near transit routes, enhancing its development potential. Currently, the site houses a 5-bedroom, 3-bathroom dwelling, split into a legal 2-bedroom basement suite and a 3-bedroom upstairs suite, generating an annual gross Revenue of $65,820. This revenue stream provides an excellent holding opportunity for investors or developers planning future projects. The flat terrain of the lot simplifies construction, and its strategic location in a burgeoning area, combined with the recent renovations to the existing structure, makes it an attractive proposition for those looking to invest in West Kelowna's growing housing market. This property offers a unique chance to contribute to the area's urban development while tapping into the lucrative potential of the region's real estate sector. (id:3942)

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Courtesy of Royal LePage Kelowna

Listed on: January 22, 2024

On market: 106 days
Half Bathrooms Total 0
Year Built 2002
Cooling Type Central air conditioning, Heat Pump
Flooring Type Carpeted, Laminate
Heating Type Forced air, Heat Pump, See remarks
Heating Fuel Electric
Stories Total 2
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Gayle Hunter

Personal Real Estate Corporation

gaylehunter.realtor@gmail.com | 250-575-9184

Amy Zimmer

Personal Real Estate Corporation

sold@amyzimmer.com | 250-300-8878

Suzette Ritchie

Real Estate Professional

suzetteritchie@royallepage.ca | 250-878-4350

Nik Zimmer

Real Estate Professional

nikzimmer@royallepage.ca | 250-859-6984

Zena Tucker

Real Estate Professional

zenatucker.realtor@gmail.com | 250-863-2770

"We love what we do, and who we do it for"

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Gayle Hunter & Associates are a real estate team in Kelowna BC, that are focused on helping you achieve your real estate goals. We are a diverse and knowledgeable team with a wealth of real estate experience and are constantly aware of the ever evolving market conditions and real estate trends.

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