1359 Pridham Avenue

DEVELOPERS ALERT!! Opportunity to get this redevelopment property with an existing home with solid rental revenue in the Capri Center redevelopment corridor. This property offers 4 bedrooms, 2 baths, and 2 Kitchens including a Basement suite with a separate entrance, and is providing solid rental income. This home is part of the three (3) homes' land assembly (1349 Pridham Ave, 1359 Pridham Ave, and 1358 Sutherland Ave) future upside as increased density multifamily development. 0.64 Acres (27878.40 SF) land assembly, 3 different titles. This property comes under Urban Centre (UC) Zoning ( FAR up to 1.75), in the new OCP, which allows 4- 6 story apartments, Townhomes/apartment combo. Currently, all 3 homes are generating great rental revenue providing holding capacity while working on the development plan. Close proximity to all major amenities, grocery stores, schools, restaurants, Kelowna downtown, and easy access to Highway 97. Sq.ft info is taken from the BC assessment. (id:4069)