1195 Raymer Avenue

Kelowna South Kelowna V1Y 4Z7

Corner exposure, UC5 zoning and 0.31 acres in a convenient central Kelowna location. Situated at Gordon Drive and Raymer Avenue, this property offers an opportunity for buyers looking to explore development now or hold for the future. UC5 zoning provides for consideration of up to six storeys, with the potential to reach eight storeys and achieve additional floor area ratio (FAR) through the City’s Affordable Housing Bonus program, subject to eligibility and City approval. Walking distance to Okanagan College and Kelowna Secondary School, with a transit stop directly in front on Gordon, the location supports convenient access for future residents or businesses. The existing home is very well kept and benefits from updates to some key systems, providing functional living space for an owner or tenants during the planning stage. A detached garage/workshop (33' L x 22' W x 10' H) adds to its everyday usefulness. Explore the possibilities this corner site has to offer. All measurements are approximate. Information is from sources believed to be reliable but should be independently verified by buyers and their advisors, including zoning, development potential and bonus program eligibility. (id:2493)