Kelowna, BC V1Y2W5 1230 Ethel Street

4 Home land assembly, must be sold with 1206, 1216 and 1220 Ethel street(total list price $5,450,000). Total assembly is .60 Acres in size consisting of 4 single family homes (3 of which have carriage homes). Total rental income for all 4 properties $16,015/m tenants all pay own Electric/gas. City has previously stated that they would support MF3/CA1. Assembly sits in a Core Neighbourhood area (C-NHD) and lines a Transit Supportive Corridor in one of Kelowna's most sought after development areas. Jump on this rare opportunity to secure your legacy & contribution to downtown Kelowna's evolving skyline. 1 hour to Big White, 20 minutes to YLW international airport, 16 minutes to UBCO (along HWY 97) 2 minutes to the future downtown campus, & walking distance to groceries, shopping, restaurants, entertainment, parks, and beaches. Homes being sold ""as is where is."" Selling for LAND VALUE. (id:7434)