- Call / Text: 250-241-7599
- Sun - Sat: 8:00 - 8:00
Unlock a prime development opportunity in the heart of Lake Country's Town Centre! This property has C1 zoning, aligning with the Official Community Plan's vision for mixed-use residential development. Planning officials have indicated that rezoning applications are discouraged, affirming the current zoning's strategic value. Development Highlights: Zoning Alignment: C1 zoning is in place, supporting mixed-use residential projects in line with the OCP. Incentive Potential: Potential qualification for Main Street tax and usage (density) incentives. Rental Tax Exemption: Possible eligibility for the Lake Country rental tax exemption bylaw, offering a 10-year property tax reduction for purpose-built rentals with a 10-year covenant. Town Centre Location: Situated within the Town Centre, requiring adherence to future form and character requirements during development application. Diverse Usage: Nearly 50 approved usages under the current zoning. Preferred Development: The planner suggests a mixed-use approach with grade-level service and amenity commercial units, topped with residential space. Development Capacity: Potential for a 6-story or 22m development as mixed-use commercial, contingent on meeting density bonuses and supported by the Town Centre designation. This is a chance to invest in a property with substantial development potential and attractive local incentives. Contact us today to explore the possibilities and take the first step towards your next successful project (id:44483)
| MLS® Number | 10352335 |
| Property Type | Other |
| Neigbourhood | Lake Country East / Oyama |
| Amenities Near By | Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area |
| Community Features | Family Oriented |
| Features | Level Lot |
| Parking Space Total | 7 |
| Cooling Type | Central Air Conditioning |
| Heating Type | See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Additional Parking | |
| Attached Garage | 5 |
| Access Type | Easy Access |
| Acreage | No |
| Current Use | Mixed Use |
| Fence Type | Fence |
| Land Amenities | Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area |
| Landscape Features | Landscaped, Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 70 Ft |
| Size Irregular | 0.21 |
| Size Total | 0.21 Ac|under 1 Acre |
| Size Total Text | 0.21 Ac|under 1 Acre |
Contact us for more information
Simon Ward
Personal Real Estate Corporation
(250) 860-1100
(250) 860-0595
royallepagekelowna.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
