FOR SALE. Carrington Road, West Kelowna, BC
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1 FOR SALE Carrington Road, West Kelowna, BC PROPERTY DETAILS: Rare opportunity for acres of breathtaking lake view residential development land in West Kelowna (less approx 1 acre restrictive covenant) Ideally situated within walking distance of shopping, restaurants, golf, transit, and all necessary services Gently sloping development property on Westbank First Nations land, with current zoning offering the opportunity for 30 units/hectare
2 PROPERTY DETAILS CIVIC ADDRESS Carrington Road, West Kelowna, BC LEGAL DESCRIPTION Lot 348-3, CLSR , Reserve TSINSTIKEPTUM NO. 9 PID LAND AREA ZONING (CURRENT) acres MFL, Multi Family Residential Low Density PRICE $5,950,000 2
3 AERIAL MAP Ideally situated on the hills overlooking Okanagan Lake, this property is within walking distance of shopping, restaurants, golf, transit, and all necessary services. 3
4 CLOSE UP AERIAL 4
5 SURVEY 5
6 Candalera LAND USE MAP Legend Zoning Regulation Mobile Home Ü Business Park Open Space Golf Course Planned Unit Dovelopement High Commercial Institutional Retail Commercial Shannon Lake Recreational Commercial Light Industrial Single Family High Density Multiple Family High Density Multiple Family Low Density Multiple Family Medium Density Single Family Low Density Single Family Medium Density Waterfront Commercial Marmot Ross Daimler 97 City of West Kelowna Shannon Lake Village Village Village Greenbay Bayview Seclusion Greenbay Skyview 97 Carrington Grizzly Old Okanagan Third Crescent Estate Cougar Grizzly Westbrook Wilson Fox Thunder Coyote Alec East Boundary Village Green Louie Moose Oak Mimosa Clover Kingfisher Elk Veranda Creekview Sage Falcon Quail Fox Grouse Pheasant Wolfe Elkridge Whitetail Butt Red Cloud Elkridge Bering Louie Butt Sonoma Pines Grace Ridge Estates Mesa Vista Gosset Pine Vista Solana Terrero Madera Siringo Serrento Talavera Serrento Alvarado Madera Siringo Candalera Acacia Verona Del Mar herie Old Boucherie 6
7 DEMOGRAPHICS & AREA INFO RESIDENTIAL SALE PRICES IN AREA $339,500 to $663,500 Built in Minimum 2 bedroom to Maximum 4 bedroom SHOPPING/AMENITIES 2 minute walk to Canadian Tire, Dollar Tree, Bulk Barn, Winners, 12 minute walk to Walmart, London Drugs, Superstore, 3 minute drive to Westbank Towne Centre, 5 minute drive to Okanagan Lake and Gellatly Beach. NEAREST TRANSIT STOP 7 min walk, 500 m AREA SCHOOLS Elementary School: Distance: Middle School: Distance: High School: Distance: Chief Tomat Elementary 4 min, 2.7 km Constable Neil Bruce Middle School 4 min, 3.1 km Mount Boucherie Secondary 8 min, 4.4 km ESTIMATES 1 KM 3 KM 5 KM Total Population (2017) 2,936 22,747 32,274 Projected Population (2022) 3,173 24,443 34,605 Average Household Income (2017) $67,380 $91,182 $94,956 Projected Household Income (2022) $81,114 $110,093 $114,512 7
8 ZONING MFL MULTI FAMILY RESIDENTIAL LOW DENSITY Permitted Uses The following Uses and no others shall be permitted in the MFL Designation:.1 Single dwelling;.2 Bed and breakfast (as part of Single Family Dwelling only);.3 Duplex housing;.4 Triplex housing;.5 Fourplex housing;.6 Townhome housing;.7 Home occupation; and.8 Accessory use, building or structure. Regulations COLUMN 1 COLUMN 2.1 Minimum Parcel Size 700 m 2.2 Minimum Parcel Frontage 20.0 m.3 Maximum Lot Coverage 40% of the parcel area.4 Maximum Density 30 dwelling units per hectare.5 Minimum Setback Front Parcel Line 4.5 m Exterior Side Parcel Line 4.5 m Interior Side Parcel Line 1.5 m Rear Parcel Line 3.0 m.6 Maximum Height of Principal Buildings 9.0 m (to a maximum of 2.5 storeys).7 Maximum Height of Accessory Buildings 5.0 m.8 Minimum Setback of Accessory Buildings from Principal Building 1.0 m.9 Maximum Accessory Building Floor Area per Dwelling Unit 70 m 2 Conditions of Use for Manufactured Housing All Manufactured Housing must meet Canadian Standards Association A277 (modular) standards, and all construction must also comply with the BC Building Code. 8
9 THE SMALL PRINT This document/ has been prepared by HM Commercial Group for advertising and general information only and makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. HM Commercial Group excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of HM Commercial Group and /or its licensor(s). HM Commercial Group is a team of Real Estate Professionals licensed with Macdonald Realty Kelowna. 9
10 HM Commercial Group is a boutique commercial real estate team that specializes in investment properties, land for development, and leasing. Our targeted focus provides us with detailed knowledge of market conditions, as well as key relationships with wealthy investors, institutions, and REIT s. Over the past few years we have sold over $400 Million dollars in transactions. WE DO THINGS DIFFERENTLY AND IT WORKS. CONTACT US: JEFF HUDSON* / MARSHALL MCANERNEY* HM Commercial Group Macdonald Realty Kelowna Phone: (250) info@hmcommercial.com *Personal Real Estate Corporation Macdonald Realty Kelowna
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