935 Borden Avenue, Kelowna, British Columbia V1Y6A5
ID# 10171180

$849,000

935 Borden is an attractive 60' x 135' RU7 property. This is a rare opportunity to purchase a three-lot multifamily land assembly in this prime inner-city location. Just steps to major shopping centers and the downtown core. Located on a quiet and beautiful tree lined street, it just doesnt get any better than this. When all three lots are assembled you get over 180 of width combined with 135 in depth. The assembly also offers south facing rear yards. These properties are located on Borden avenue, but also offer access off Carruthers to the back alley. The two RU7 properties 935 and 945 Borden total 130 in width and must be sold together but can be purchased separate from 953 Borden. As well they can be subdivided and have the potential for 10 dwellings. The city may also consider taking a portion of the RU6 lot and rezoning it to RU7 giving you the potential for up to 13-14 dwellings. Potential buyers may want to consult the city with regards to an OCP amendment to the future land use and try for multi-family low density (MRL), there are many other examples of these type of developments in this area. Seller may offer short term financing at attractive rates for the right buyer. All three homes are currently in very good repair and could easily be rented while you plan your development. Call Dave today for more details at 250-470-8811 or go to davealton.ca (id:3942)
Bathroom Total 2
Bedrooms Total 2
Half Bathrooms Total 0
Year Built 1947
Flooring Type Hardwood, Linoleum
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1

Courtesy of Royal LePage Kelowna

Dave Alton