585 Sherwood Road, Kelowna, British Columbia

About 585 Sherwood Road

0.34 acre (14,810.40 sq.ft.), with approximately 86' of frontage, 109' of depth (at its shortest, 130' at longest). With new provincial rules coming into effect, this is a great opportunity to get a four/six unit (check regulations) development site in the Lower Mission. Neighbors are willing to sell to create a corner lot onto Lakeshore Road w/ a total land size of 0.918 acres across 3 titles, making this a prominent development site with existing road upgrades already in place on Lakeshore Road and a proven townhome development across the street on Sherwood. Either spend more money to get a small laneway home on 0.17 acres, or take advantage of getting 2x the land with this property in an arguably better location of the Lower Mission. An existing 3 bedroom home + 1 bedroom studio unit brings in income to assist with your holding costs. The property backs onto Anne McClymont Elementary School and is incredibly central. This is a great one to add to your portfolio with the new provincial rules. Call agent to discuss the potential land assembly. (id:6289)

Listing Map