1402 Cara Glen Court, Kelowna, British Columbia

$9,175,000

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1.70

Acres

About 1402 Cara Glen Court

Incredible opportunity to purchase a ready-to-implement, rental apartment housing development opportunity in the highly sought after Glenmore community! The property is located in the established neighbourhood next to Knox Mountain Recreation Area (950 acres). Close proximity to Downtown, schools and Landmark Business district. Conceptual plan for 108 unit rental apartment project with underground parking stalls. MF3r rental apartment house zoning now in place. Development Permit currently pending. Property will be graded flat prior to completion. Priced at 9,175,000 (land value in August 2023 Appraisal) with DP approved plans. A Buyer merely needs to secure their “capital stack” to move forward with this project. (id:36535)

Features of 1402 Cara Glen Court

Listing # 10321028
Price $9,175,000
Bathrooms 0.00
Acres 1.70
Type Vacant Land
Sub-Type Freehold

Community Information

Address 1402 Cara Glen Court
Subdivision Glenmore
City Kelowna
Province British Columbia
Postal Code V1V1A5

Amenities

Amenities Public Transit, Airport, Park, Recreation, Schools, Shopping
Utilities Cable, Electricity, Natural Gas, Telephone, Sewer, Water
Features Corner Site
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Jeff Hudson and Marshall McAnerney Of Unison HM Commercial Realty

Listing Map