2024 Wilkinson Street, Kelowna, British Columbia V1Y3Z8

Listing courtesy of Realtymonx.

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List Price
$1,099,888
MLS®
10404023
Status
ACTIVE
Type
Commercial
Subtype
Other
Living Area
3,152
Lot Size Dimensions
0.13
Lot Size
5,662
Subdivision
Springfield/Spall

Property Description

PRIME REDEVELOPMENT & DAYCARE OPPORTUNITY IN CENTRAL KELOWNA! Strategically located on Wilkinson Street within the desirable Capri Centre Redevelopment Corridor, this property offers exceptional investment potential under Urban Centre (UC2) zoning, allowing for multifamily residential development and higher-density housing, subject to applicable zoning regulations and City approvals. The property also presents an exciting opportunity to establish a licensed daycare centre, benefiting from its central location, surrounding family-oriented neighbourhoods, proximity to schools, and growing demand for childcare services. The existing home's spacious two-level layout and flexible room configurations provide excellent potential for daycare conversion, subject to licensing and municipal approvals. In addition to its redevelopment and business potential, the property features a well-appointed home with 3 bedrooms and 2 bathrooms on the main level, plus a 2-bedroom, 2-bathroom basement suite with a separate entrance, offering immediate rental income potential while exploring future development opportunities. Conveniently situated just minutes from schools, shopping, restaurants, parks, golf courses, and everyday amenities, this property combines an established residential setting with outstanding long-term investment flexibility. Whether you're an investor, developer or daycare operator, this is a rare opportunity to secure a versatile property in Kelowna's growing urban core. (id:5764)

Additional Information

Garage
Yes
Subdivision
Springfield/Spall
Parking Spaces
2
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Community Features
Family Oriented
Heating
Forced air, See remarks
Lot Features
Level lot
Lot Size
5,662
Exterior Features
Brick

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