FOR SALE: $7,899,600
450 - 520 MCDONALD ROAD (Kelowna Assembly: Parcel A)
KELOWNA, BC
- Total Potential of 2.4 FAR with Bonuses
- Base Density 1.6 FAR
- Public Amenity and Streetscape Bonus + 0.5 FAR
- Rental only Projects/Affordable Housing Bonus 0.3 FAR
- Total Potential of 2.4 FAR with Bonuses
- Total Frontage for 8 Properties is 163.51m (536.45ft)
- Total Land Area 63,025.82 S.F.
CENTRALLY LOCATED in Kelowna between Leathead and Asher Rd with quick access to Rutland Road / Highway 33.
Short walking distance to:
- Rutland Elementary
- Middle and Senior Secondary schools,
- Athans Twin Arenas
- Kelowna Family YMCA
- Okanagan Gymnastic Center
- Rutland Sports Fields
- Rutland Transit Bus Exchange
- Centennial Park
- Restaurants
- Grocery Stores, Pharmacies, Banks and many service amenities
Quick access to Hwy 97, Rutland Road N and Hwy 33
- 10 minutes to Kelowna International Airport
- 10 minutes to the University of British Columbia
- 15 minutes to Downtown Kelowna/Waterfront
- This 7 LOT ASSEMBLY listed with Century21 Assurance Realty Ltd. is 1.2 Acres. Total land area = 52,924.55 S.F with frontage of 137.30m (450.46 ft) on Asher/McDonald and 35.81m (117.49 ft) on Leathead/Alley.
- ENTIRE BLOCK available for development. 295 Leathead Road is also listed for sale and if included would render the ENTIRE BLOCK available for development. If included, the frontage would then be 163.51m (536.45 ft) and total land area = 63,025.82 S.F.)
- ACCESSIBLE ON ALL 4 SIDES - Alley access, fronts on McDonald and backs onto Asher Rd.
- 4-story residential development with the potential for height and density bonuses to 6-STOREYS if the criteria are met.
**We have 14+ other adjacent lots and properties in the immediate area exclusively listed and possible for inclusion. See below for more details**
CLICK BELOW to see City of Kelowna OCP 2040 and Zoning Bylaw No. 12375 & Contactor Information links to verify details:
Also available as a larger Land Assembly
NOTE: This assembly has great potential for development as it can be added to the McDonald-Donhauser Assembly (outlined in blue below)
TOTAL POTENTIAL ASSEMBLY: 1.43 ACRES
0.18 Acres | PID: 006-908-934 | LOT 16 SECTION 26 TOWNSHIP 26 OSOYOOS DIVISION YALE DISTRICT PLAN 10610
TOTAL POTENTIAL ASSEMBLY: 1.43 ACRES & encompasses ENTIRE BLOCK.
Note: 295 Leathead Rd is separately for sale (0.23 acres)
Map 4.7 Rutland Building Heights
2040 Official Community Plan
Map 4.8 Rutland Street Character
2040 Official Community Plan
FOR MORE INFORMATION CONTACT
WENDY
DESROSIERS
REALTOR®
ALAN
STIER
REALTOR®
These Exclusive Listings are held by C21 Assurance Realty Ltd Designated Agents: Wendy Desrosiers and Alan Stier (All information is for general information only and should be verified by the Buyer. Property sizes calculated using City of Kelowna Map feature and are deemed approximate.) We are continuing to add more properties to this assembly which will provide more value to the purchaser.
If you are a local property owner, please contact us if you would like to participate.
CENTURY 21 Assurance Realty Ltd.
INFO & SERVICES
CENTURY 21 Assurance Realty Ltd.
251 Harvey Avenue, Kelowna, BC V1Y6C2
(250) 869-0101
INFO & SERVICES
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