House For Sale in Kelowna, BC
2340 Pandosy Street$5,000,000
Situated in the sought-after South Pandosy area, just south of Kelowna General Hospital (KGH), this property presents a unique investment opportunity. Located on a prime corner lot, it stands as a pivotal piece in the desirable zoning landscape of this vibrant area.
The property currently hosts a structure that is no longer habitable, offering a blank canvas for redevelopment. Sold 'as is', it beckons visionaries and developers to transform this space into a purposeful asset, aligning with the area's growth strategy and the Health District's objectives.
The South Pandosy location offers a strategic advantage, being in close proximity to the bustling KGH and surrounded by a community that blends heritage character with modern living. This area is earmarked for a blend of health-focused uses, integrating seamlessly with the residential fabric. Potential developments could include health administration, patient services, or a care facility operation, harmoniously co-existing with residential forms like row housing, stacked townhouses, and low-rise apartments.
With the zoning accommodating a mix of institutional health services, small-scale commercial ventures, and multi-unit residential buildings up to approximately 6 storeys (subject to the fulfillment of specific criteria), this property is ripe for a transformative project. Developers have the opportunity to leverage the approximately 1.5 FAR, with potential for upscaling to approximately 1.8 in strategic locations.
Embrace the opportunity to contribute to the evolution of the Kelowna Health District, shaping a future that resonates with the area's heritage while catering to contemporary needs. This corner lot is not just a piece of land; it's a gateway to possibilities, a chance to make a mark in a community poised for growth and innovation.
Sold as is - with buyer being responsible for tear down/demo of existing dwelling. Dwelling is not habitable.
Approximate Map Location*
2340 Pandosy Street, Kelowna, British Columbia, Canada V1Y 1T3
* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
Location - Click to Expand
- Address: 2340 Pandosy Street
- Neighbourhood: South Pandosy / OCP 2040, Core Area - Health District
- City: Kelowna
- Province/State: British Columbia
- Postal/Zip Code: V1Y 1T3
- Country: Canada
- Property Type: House / Detached House
- Ad Type: For Sale
- Ownership: Freehold/Fee Simple
- Listing ID: 449769
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