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215 Arab RoadKelowna, BC
$3,500,000
Single FamilyHouse
Bedrooms
8
Bathrooms
6
Area
5,865 sqft
Year Built
1981
CITY SUPPORTS I2 ZONING!!! INVESTOR ALERT. THE 2026 TAX ASSESSED VALUE IS $3,344,000. THE SELLER IS OPEN TO ALL REASONABLE OFFERS & MAY LOOK AT A PARTNERSHIP TO BUILD INDUSTRIAL WAREHOUSE FACILITIES ON THE PROPERTY. THIS IS A GREAT HOLDING AND/OR DEVELOPMENT PROPERTY WITH POTENTIAL TO REZONE FROM A2 TO I2. This is a rare package of 1.85 Acres, close to the University, with a large house/building with 8 bedrooms, 6 bathrooms, a 5-car garage, and all under one roof. An excellent revenue property, or great for an extended family, or both. This property is NOT in the ALR (buyer to confirm) and rezoning from A2 to I2 (OCP 2040 Future Land Use is Industrial) is possible making this a great holding and/or development property. Don't miss out! (id:67651)
OwnershipFreehold
Postal CodeV1V2G8
HeatingElectric, See remarks, Hot Water
Parking5 spaces
Annual Tax$16,490
Neighbourhood & Lifestyle
Area
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