401 Meikle Ave, Kelowna, British Columbia, V1W3T5, Kelowna, BC

$2,599,000
Est. Mortgage /mo

MLS® 10307328

$2,599,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
250-984-8355
Go See This Home Now
5 Beds
2 Baths
1 Stories
lot 0 sqft
2006 sqft
1958 built
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Street view
Schools
Crime
Commute
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Property details

Large, 0.22 acre development site right across from Okanagan Lake and in the heart of the vibrant Pandosy neighbourhood in Kelowna. Close proximity to Pandosy Village, which offers a range of shops, cafes and services. Additionally, located steps from the shores of Okanagan Lake providing future residents with opportunities for recreational activities and stunning views. Current zoning is UC5 (Pandosy Urban Centre) which promotes livable, vibrant, sustainable communities with optimal land use and increased economic activity. The owner has a 24-unit Development Permit in place with the city, which can be revised to 30-units without any further approvals. Permitted density up to 2.35 F.A.R. Gross lot size of 9,590 sq. Ft that permits up to 22,614 sq. Ft of buildable area. Impressive preliminary architectural plans and landscaping plans in place. As an added bonus, there is an existing detached 5 bed 2 bath home with suite that provides a gross income of $4,100/month with utilities paid by the tenant. An excellent income source for the holding period prior to redevelopment. (id:26763)

Location Details
Area Canada
State British Columbia
City Kelowna
Postal Code V1W3T5
Property Metrics
Total Bedrooms 5
Full Baths 2
Stories 1
Floor Area Total (Sq.ft) 2006
Financial Details
List Price 2,599,000

Neighborhood Info

Public Schools
Elementary
Raymer Elementary School
Above Average
0.5 km
Rating 4.9/10
Details
Middle
KLO Middle School
Above Average
1.2 km
Rating 4.3/10
Details
Secondary
Kelowna Secondary School
Above Average
1.13 km
No Rating
Details

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools
Secondary
Immaculata Regional High School
Above Average
1.98 km
No Rating
Details
Secondary
Immaculata Regional High School
Above Average
1.98 km
No Rating
Details
Closest Transit
Kelowna
Lakeshore 3190 block (SB)
0.16 km

401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 is serviced by Raymer Elementary School. The property with listing MLS® 10307328 is located 0.5 km from the school. Raymer Elementary School has a rating of Rating 4.9/10.

The closest Elementary independent school to this home for sale located at 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 is Immaculata Regional High School with School's rating No Rating, located 1.98 km from this home.

The closest to this address 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 Secondary independent school is Immaculata Regional High School with School's rating No Rating, located 1.98 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 18,309 volation disturbances in this neighbourhood. The overall crime rate near the address - 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC is 12,529.51. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -8.71%

Drug crime rate next to the listing for sale MLS® 10307328 is High comparing to other neighbourhoods. The illegal substances offences rating is 711.71. This is the amount of drug crime incidents per 100,000 population. There were 1,040 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 31.89%

Property crimes in the neighbourhood close to real estate listing for sale 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 are High. Property misconduct rating adjacent to MLS® 10307328 is 6,636.69. There were 9,698 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -21.39%

There were 2,904 violent lawbreaking disorders in 2020. 1,987.31 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 12.91%

The closest Bus station is Lakeshore 3190 block (SB) in 0.16 km away from this listing with - MLS® 10307328.

25.9% of people with university certificate/degree live in this neighbourhood adjacent to the 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 which is Above Average in comparison with other BC neighbourhoods. 7.9% of population in this neighbourhood that is near the Listing MLS® 10307328 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC is $60749 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 10307328 is $34912 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.3% which is Below Average.

Unemployment rate in the area around MLS® Listing # 10307328 is 9.2 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 where population change between 2011 and 2016 was 0.9%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC is 2236.1 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 10307328 is 42.8% and it is Low. % of Married or living common law is around 48.3% and it is Low.

Average age of the population close to the 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 is 44.6 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC is $582748 and this is High comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5. $1210 owners spent in average for the dwelling. Tenants are paying $1258 in this district close to MLS® 10307328 and it is Above Average comparing to other cities.

45.4% of Population in this district near the 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC is 9.3%, it is Above Average, % of English speakers only is 90.4% and Average. % of Neither English nor French speakers close to home for sale 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC is 0% and it is comparing to other BC cities.

5.3% of all population in the area around this property with the address 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5, Kelowna, BC using Public Transport which is Below Average, 73% of using population are using Cars around MLS® 10307328, which is Below Average. 5.7% of people using Bicycles around the 401 Meikle Avenue, Kelowna, British Columbia, V1W3T5 and it is High. 13.1% of population are walking which is High

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Local Info

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Home Price
Down Payment
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/month
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Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
250-984-8355
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