1009 Hudson Road, West Kelowna, British Columbia

$1,699,900

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2,968

Square feet

0.34

Acres

About 1009 Hudson Road

WEST KELOWNA DEVELOPMENT OPPORTUNITY: 8 UNIT POTENTIAL ON 0.34 ACRES NEAR TRANSIT -- Premier development opportunity in West Kelowna's wine country. This 0.34-acre property, ideally suited for an 8-unit residential project, is located on a corner lot with access from both Boucherie Road and Hudson Road. New West Kelowna zoning regulations allow subdivision into 2 parcels, each permitting the construction of one duplex where each side of the duplex can have its own rental suite and can be up to 3 floors. The subdivision has been approved but is waiting on utilities, with the sale contingent upon the completion of the subdivision. Currently, the site hosts a 5-bedroom, 3-bathroom dwelling, divided into a legal 2-bedroom basement suite and a 3-bedroom upstairs suite, generating an annual gross revenue of $65,820, providing an excellent holding opportunity while awaiting development. The flat terrain simplifies construction, and its strategic location in a growing area near transit routes aligns with legislative incentives for increased housing density. Each duplex has the potential to generate roughly $126,000 per year at today's rental rates, making this property an exceptional investment opportunity. This property offers a unique chance to contribute to urban development in West Kelowna while tapping into the lucrative potential of the region's real estate sector. An excellent investment opportunity with substantial current revenue and future growth potential. (id:6289)

Features of 1009 Hudson Road

Listing # 10302842
Price $1,699,900
Bathrooms 0.00
Square Footage 2,968
Acres 0.34
Year Built 2002
Type Multi-family
Sub-Type Freehold
Style Ranch

Community Information: West Kelowna

Address 1009 Hudson Road
Subdivision Lakeview Heights
City West Kelowna
Province British Columbia
Postal Code V1Z1J2

Amenities of 1009 Hudson Road

Features Irregular lot size, One Balcony
Parking Spaces 5
Parking Attached Garage
# of Garages 2
View View (panoramic)
Is Waterfront No
Has Pool No

Interior of 1009 Hudson Road

Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Heating Electric Forced air, Heat Pump, See remarks
Cooling Central air conditioning, Heat Pump
Fireplace Yes
Fireplaces Gas
# of Stories 2
Has Basement No

Exterior of 1009 Hudson Road

Exterior Stucco
Roof Asphalt shingle

Additional Information On 1009 Hudson Road

Zoning Unknown

Listing Details

OfficeRoyal LePage Kelowna

Map To 1009 Hudson Road, West Kelowna

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