Lot 323-24 Spland Road West Kelowna, BC V1Z 3Y7

Paul Neufeld
Paul Neufeld
REALTOR®

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167634126 49.88057 -119.54183 799 /listing/167634126-150112728/lot-323-24-spland-road-west-kelowna-bc-v1z-3y7 False 0 3500000.0 102 10130354 True
  • $3,500,000
  • Lot 323-24 Spland Road West Kelowna, BC V1Z 3Y7
  • 3.35 lot

Property & Neighborhood Info

Courtesy Of RE/MAX Kelowna

Vacant Land in West Kelowna

69 unit townhouse development property located only 5 minutes to downtown Kelowna. Level, easy build, 3.35 acre site is situated adjacent to Indigenous World Winery vineyard and bordering Keefe Creek. Proforma financials show a $5.8 million profit with a conservative anticipated sale price of $400,000 per unit unit. Extensive architectural and engineering work has been done and WFN council has approved the Development Permit. The 2 stage permit approval process is complete and the DP will be released as soon as the DCC's are paid. Unique to Canada is a 126 year long, CMHC approved, pre-paid lease. Hydrology report, Geotechnical report, preliminary architectural drawings, landscape design.... hundreds of thousands of dollars has been spent bringing this property to this stage. Property can be built out and financed in 4 phases. Call for more information! Paul Neufeld or Wes Jones with RE/MAX Kelowna NEUFELD JONES MARSHALL; 250-470-1044; paul@neufeldjones.com.

Courtesy Of RE/MAX Kelowna
  1. 3.35 Lot

Main Features

  • Listing Status: Active
  • Tax Year: 2016
  • Zoning: multi
  • Subdivision: Central Okanagan
  • MLS® Number:10130354

Additional Features

  • Depth:
    • 288.00
  • Frontage:
    • 580.00
  • Legal Description:
    • Lot 323-5-1, 323-6-1, 323-7-1 & 323-8-1 of Lot 323-24 CLSR 91368 TSINSTIKEPTUM INDIAN RESERVE NO.10
  • Transaction Type:
    • For Sale
  • View:
    • Valley View
    • Mountain View
  • Waterfront:
    • Creek/Stream
  • WATERFRONT Y/N:
    • Yes
Neighborhood info courtesy of Homes.com © 2017