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Courtyard next to Kelowna Gospel Mission sold to city

香蕉视频直播楾his is a strategic land acquisition by the city with no plans for the property at this stage.香蕉视频直播
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City of Kelowna recently finalized a deal to purchase property at 265 Leon Ave. (Photo/HM Commercial)

The City of Kelowna has purchased the courtyard next to the Kelowna Gospel Mission (KGM) on Leon Avenue.

Tom Wilson, with the city, confirms the price was $2.9 million, with an additional $30,000 in legal and closing costs for 265 Leon.

香蕉视频直播淭his is a strategic land acquisition by the city with no plans for the property at this stage,香蕉视频直播 said Wilson. 香蕉视频直播淚t was bought from a third-party private landowner not affiliated with KGM.香蕉视频直播

According to the real estate department, the city does not have any other properties in the 200-500 blocks of Leon. Real estate website HM Commercial, where the Leon property was listed, shows two other city-owned downtown sites that the municipality is looking to partner with developers on.

The former McDonald香蕉视频直播檚 restaurant property at 1746 Water Street and the lot at 311 Harvey Avenue, at the corner of Water Street. The combined price for those properties is $11.275 million.

Read More: B.C. government prepares to impose real estate cooling-off period

Read More: B.C. housing sales meddling upsets realtors



gary.barnes@kelownacapnews.com

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Gary Barnes

About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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