861 Martin Avenue | $1,175,000
Matt Glen Agent Photo
Matt
Glen
CENTURY 21 ASSURANCE REALTY LTD
251 Harvey Ave
Kelowna, BC
Canada V1Y 6C2

Details

%
Years (35 year max)
Years



Address 861 Martin Avenue
AreaCentral Okanagan
Sub AreaKN - Kelowna North
State/ProvinceBritish Columbia
CountryCanada
Price$1,175,000
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms4
Half Baths1
Floor Space2480 Square Feet
Lot Size0.17 Acres
WaterfrontNo
Year Built1960
Taxes $4,947
Tax Year2023
MLS® #10310424

House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase.

Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)