Check with the city or county planning and zoning department to get an idea of what you can build and what is required for all approvals including site plan and building permits, proffers, water/sewer tap fees, bonding requirements, inspections and CO process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

@Remington Lyman That is incredible, huge transformation!

The best indicators is seeing things like that, talking with the alderman or govt offices like assessor, chamber of commerce and seeing what areas are going through a transformation of sorts.

Here are general details:-1st floor needs to accommodate approximate 55 parking stall for the 36 units-Parking will take up around 20,000sf of space-The remaining square footage of about 4,000sf can house elevator lobby, stairs, trash, electrical transform, commercial space etc.-36 allowed units at 850sf average size require about 30,000sf of building. adding the circulation and non-residential square footage pushes this number up to a total building of about 40,000sf.

I absolutely love getting into a place that is decrepit and forgot about, then orchestrating the transformation.  

Glad to know you were able to transform this house in less than a year.

(The current furniture and pics are quite outdated - so I have a vision of transforming the place).  

Because of its proximity to the university this area has really transformed but prices are still lower than the rest of Kelowna.

My hope would be to transform it into a 4 story, each of the 4 units having 2 Beds & 2 Baths & a common access to a roof deck area. 

We should not forget that the transformation of Medellin from one of the world's murder capitals at the time of Pablo Escobar into one of the world's most avant-gardist cities is nothing short of extraordinary.2.