INVESTMENT OPPORTUNITY! Massive future development potential here with solid rental revenue. The property is currently zoned RU6 with support from the city Planning Dept. for an OCP Amendment to desirable MRL zoning. Don’t miss out on this incredible opportunity to own a 5 bedroom main home with a 2 bedroom legal carriage house in a prime downtown location, just blocks from the lake! The main home has 5 beds and 2 kitchens with separated living spaces on the upper and lower levels. The carriage house has 2 beds and 2 baths. The homes have 2 separate addresses with laneway access in the back. The lot is fully fenced and secured with FIVE parking spaces (rare for downtown!). Knowles Heritage park, shopping and the lake are just a short walk away. This property would be perfect for a multi family living situation and/ or as a holding property with incredible development potential. Great Rental Revenue. Act fast as opportunities like this don't come up often!
| Address | 966- 968 Lawrence Avenue |
| List Price | $1,275,000 |
| Sold Price | $1,275,000 |
| Sold Date | 15/06/2021 |
| Type of Dwelling | Single Family |
| Area | British Columbia |
| Sub-Area | Kelowna |
| Bedrooms | 7 |
| Bathrooms | 3 |
| Floor Area | 2,975 Sq. Ft. |
| Year Built | 1911 |
| MLS® Number | 10230676 |
| Listing Brokerage | Coldwell Banker Horizon Realty |
