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450 Montgomery Rd

0.26 Acres of Residential Land Offered at $1,173,310 USD in Kelowna, BC V1X 3C5

Residential Land & Home Lots British Columbia Kelowna 450 Montgomery Rd, Kelowna, BC V1X 3C5

Investment Highlights

  • Corner lot of 11,761 sf, in close proximity shopping, Rutland Senior Secondary School, and transit along Rutland Road N.
  • Nearby public transit.
  • Lot Improved with Single Family Home.

Executive Summary

Institutional Property Advisors (IPA) and Marcus & Millichap (M&M) are pleased to present the exclusive opportunity to purchase 450 Montgomery Road, a DP approved development site in the growing neighbourhood of Rutland in Kelowna, BC. The property is in close proximity to Rutland Senior Secondary School, and Willow Park Shopping Centre. Plans are in place for a total of 27,989 sf of gross buildable, encompassing 54 suites with a diverse suite mix, suitable for the wide array of tenant profiles in the area. A development permit has been approved and the site is positioned to take immediate advantage of the rental housing shortage in Kelowna. Rutland is a central neighbourhood in Kelowna and in close proximity to UBC Okanagan, Kelowna International Airport, and Highway 97 for access throughout the Okanagan.

Attachments

450 Montgomery Road - BrochureX

Property Facts

Price $1,173,310 USD Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 0.26 AC
Price $1,173,310 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.26 AC

1 Lot Available

Lot

Price $1,173,310 USD Lot Size 0.26 AC
Price Per AC $4,512,729 USD
Price $1,173,310 USD
Price Per AC $4,512,729 USD
Lot Size 0.26 AC

Site Area: +/- 11,761 SF Current Status: Lot Improved w/ Single Family Home Proposed Units: 54 (20-B, 17-1B, 12-2B, 5-3B) Proposed total buildable square footage: 27,989 sf

Description

Corner lot of 11,761 sf, in close proximity shopping, Rutland Senior Secondary School, and transit along Rutland Road N.

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450 Montgomery Rd, Kelowna, BC - aerial map view
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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zoning

Zoning Code UC - 4 (Urban Centre Commerical)
UC - 4 (Urban Centre Commerical)
(604) 638-2121

Contacts

  • Listing ID: 33072002

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 450 Montgomery Rd, Kelowna, BC V1X 3C5

The Land Property at 450 Montgomery Rd, Kelowna, BC V1X 3C5 is currently available for sale. Contact Marcus & Millichap for more information.

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450 Montgomery Rd, Kelowna, BC for sale Aerial- Image 1 of 2
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450 Montgomery Rd
(604) 638-2121 x

450 Montgomery Rd

1/6

Adam Herman

(604) 638-2121

(604) 638-2121

James Blair

(604) 790-7089

(604) 790-7089

Patrick McEvay

(604) 675-5267

(604) 675-5267

Bradyn Arth

(780) 982-3848

(780) 982-3848

Nicholas Cryans

(778) 870-3572

(778) 870-3572

Bradley Gingerich

(587) 756-1575

(587) 756-1575

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