1022-1036 Lawson Avenue, Kelowna, BC - Two Lot Assembly in Central Kelowna Location

Two Lot Assembly in Central Kelowna Location

1022-1036 Lawson Avenue, Kelowna, BC, V1Y 6T4

Price:
$2,745,000

Property Description

HM Commercial Group is pleased to present this opportunity for an assembly of two rental properties with upside potential through future redevelopment.

  • Two lot assembly: 23,859 SF or 0.56 acres
  • Walkable to schools, grocery anchored retail centre, downtown core, Lake Okanagan
  • Easy access via Lawson Avenue or rear laneway
  • Monthly rental income of $1,600/month
  • Future land use of Sensitive Infill Housing (Low Density)
  • Currently zoned RU7, Infill Housing, allowing up to 4 units per lot (8 total on the subjects)
  • Max FAR of 0.8

1022 Lawson Avenue, Kelowna, BC, Canada

Additional Information

Municipal Address 1022-1036 Lawson Avenue, Kelowna, BC, V1Y 6T4
Legal Description Lot 1 Plan KAP5065 District Lot 138 Land District 41 ODYD & Lot 10 Plan KAP2549 District Lot 138 Land District 41 ODYD
PID 002-599-899 & 005-500-532
Location Details The subject properties are well located near Centuria Urban Village, and just 2 blocks from shopping and services at Capri Centre Mall. They are situated walking distance from Kelowna’s Downtown Core, and a variety of parks and recreation.
Development Site Area 23,859 SF or 0.56 acres
Land Area 24,859 SF or 0.56 acres
Zoning RU7, Infill Housing
Future Land Use
(OCP)
Sensitive Infill Housing (Low Density)

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.