Incredible opportunity to develop 55+ multifamily housing in a unique location in the heart of the sunny Okanagan just minutes from everything yet nestled in a quiet country community of Coldstream. #0 mis from Kelowna Airport and 10 mins from downtown Vernon. All season recreation available within 15 -30 mins including Kal Lake, Kalamalka Prov Park (hiking and biking trails), Predator Ridge Golf and Silver Star Ski Resort. There are currently 75 starts units rented and owner occupied. All services are to the lot line. You are buying about 16 acres of land with beautiful vistas in all directions, of which approx. 8 acres are developable. The zoning allows a maximum of an additional 390 units. This site is very unique, considering the size, location and zoning. All enquiries are invited. (id:6769)