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Description
DEVELOPERS ALERT!! Opportunity to purchase this redevelopment property with an existing home generating solid rental revenue in the Capri Center redevelopment corridor. The main level has 3 bedrooms, 1 bath, a Kitchen, a living room, and laundry. Basement suite with 3 bedroom, bath, kitchen, laundry, and a separate entrance providing solid rental income. The neighbouring two (2) homes are also available (1349 Pridham Ave, and 1359 Pridham Ave) and will provide future upside as increased density multifamily development. . This property comes under Urban Centre (UC) Zoning ( FAR up to 1.75), in the new OCP, which allows 6 story apartments, Townhomes/apartment combo. Close proximity to all major amenities, grocery stores, schools, restaurants, Kelowna downtown, and easy access to Highway 97.