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1009 Hudson Road
West Kelowna British Columbia V1Z1J2 Canada

$1,699,900

Active Listing ID 10307717
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5 bed
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2,430 square feet
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3.00 Bath
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Single Family

$1,699,900

Active Listing ID 10307717
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1009 Hudson Road WEST KELOWNA INVESTMENT OPPORTUNITY: 8 UNIT POTENTIAL ON 0.34 ACRES NEAR TRANSIT. Premier development opportunity in West Kelowna's wine country with this 0.34-acre property, well positioned for a possible 8 unit residential project. Located on a corner lot with access from both Boucherie Road and Hudson Rd, the property aligns with recent legislative incentives for increased housing density near transit routes, enhancing its development potential. Currently, the site houses a updated 5-bedroom, 3-bathroom dwelling, split into a legal 2-bedroom basement suite and a 3-bedroom upstairs suite, generating an annual gross Revenue of $65, 820. This revenue stream provides an excellent holding opportunity for investors or developers planning future projects. The flat terrain of the lot simplifies construction, and its strategic location in a burgeoning area, combined with the recent renovations to the existing structure, makes it an attractive proposition for those looking to invest in West Kelowna's growing housing market. This property offers a unique chance to contribute to the area's urban development while tapping into the lucrative potential of the region's real estate sector. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning, Heat Pump
  • Exterior Finish: Stucco
  • Floor Covering: Laminate, Carpeted
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Heat Pump, Forced air, Electric, See remarks
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 3:55:49 PM GMT
Source Updated Date: 5/15/2024 5:18:54 AM GMT

Courtesy of: MichaelJones, Salesperson, Royal LePage Kelowna

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