RE-Development Opportunity to purchase this prime 0.75-acre (32,670 SF) property with 3 separate buildings, 12 Separate Titles, plenty of parking, and room for potential expansion/development in the UC5 Zoning walking distance to OKANAGAN COLLEGE and GYRO BEACH. The property has potential for residential use mixed apartments of up to 6 stories. Permitted density will be 2.05 F.A.R (with bonus), could achieve 66,900 buildable SF (plus/minus). Each building has 4 units with 2 bedrooms, 1.5 Bath, a living room, a kitchen and laundry in each unit. All the units are kept very well-maintained and should provide years of solid income and development opportunities for investors! This property is within walking distance to Okanagan College, Minutes to Gyro Beach, H2O, wineries, golf, restaurants, grocery stores and all other amenities.Currently generate $25,000 approx. monthly rental income. (id:2493)More details
A prime opportunity awaits at one of Kelowna’s premier redevelopment sites, offering consistent income from a National Tenant. Situated on a corner lot just steps from Lake Okanagan, this 0.456-acre parcel (19,863 sq.ft.) boasts C4 Commercial Zoning (with an FAR up to 2.35) and is slated for future UC5 Pandosy Zoning. Nestled in South Pandosy, renowned as the City’s top-notch neighborhood, it stands as an ideal canvas for high-density development, fully supported by the City authorities. Easy access on foot to Lake Okanagan, multiple waterfront parks, sandy beaches, three major grocery store-anchored shopping centers, Okanagan College, as well as elementary, middle, and high schools. Seamless transit connections to Downtown, UBC-Okanagan, Okanagan College, and Kelowna General Hospital add to its convenience. Currently leased by the Royal Bank of Canada (RBC), this property presents an exceptional investment opportunity amidst a thriving and sought-after locale. (id:2493)More details
CHBACO 2024 awards finalist in 2 categories! Frame Construction- Begrand-Fast Collaboration. Modern-everyday-executive living in this spectacular well thought out floor plan. This understated calming space has been designed for multigenerational/age in place living. Flooded with exceptional light this East-West home captures the natural light from all 4 sides. Large open spaces for the entertainer and cozy intimate areas for those that need some quiet tranquil moments. Located in the heart of desirable Kelowna South (Pandosy Corridor/Hospital District). This 4 bed & den, 5 bath lakeside home will not disappoint. The Primary Suite boasts exceptional lake and mountain views from both the bedroom and 5 piece ensuite. Watch the sunset from this tranquil space while out on the balcony. The third floor boasts a theatre room for the Movie enthusiast. This area also opens up to the expansive patio. The views from here are mesmerizing. Unwind in the hot tub or be fireside with guests the choice is yours. The main floor seamlessly flows for indoor -outdoor entertaining. The kitchen truly is the heart of the home on this floor. With easy access to the salt water pool and BBQ for those Okanagan Summers. No waterfront property is complete without its own state of the art temperature controlled wine room. For those wanting some reflective quiet space, the courtyard pond and fire bowl is absolutely magical. There is such attention to detail that this property must be seen. (id:2493)More details
DEVELOPMENT OR INVESTMENT OPPORTUNITY! Prime Lower Mission location steps to Lake. Land assembly- contingent on sale of all 4 homes, 789($1.282m), 785($1.881M), 765($1.453m) Swordy Rd and 3514($1.368m) Casorso Rd. The 2040 OCP designation is a core neighborhood C-NHD and the property is also situated close to a Transit Supportive Corridor (TSC) City supports max density Multi family 3 storeys. Total of 4 homes 257ft x 120ft(depth). Total 0.70 Acres (30,492ft²). Good holding property too as all homes in great condition for rentals and 785 and 789 both have basement suites. Located close to Okanagan Lake and numerous beaches. This central location in the Lower Mission provides easy access to transportation and minutes away from many amenities including Mission Park shopping centre, gyms, restaurants, grocery stores, schools, hospital and more. Measurements are approximate, please confirm if important. 4 lots priced on lot sizes 3514 Casorso (MLS 10267898) $1.520M / 789 Swordy (MLS 10267922) 1.425M / 785 Swordy (MLS 10267926) 2.090M / 765 Swordy (MLS 10267923) 1.615M Measurements are approximate, please confirm if important. (id:2493)More details
Opportunity to acquire a prime “in-fill” two lot assembly within one block to Okanagan College. Contiguous 1.5 acre South Kelowna, OCP “Core Neighbourhood” designation redevelopment site. Prime location on K.L.O. Road, a Transit Supportive Corridor, steps to Okanagan College, K.L.O. Middle School, Kelowna Secondary School, Kelowna Pandosy Village, and a short drive to Kelowna General Hospital and Downtown Kelowna. Base 1.8 FAR, 6 storey height. Preliminary Analysis from Lime Architecture available. Must be sold together with 1249 K.L.O. Road. (mls 10304707) (id:2493)More details
Nestled in the heart of the Okanagan, this exceptional 12+ acre property stands out as a one-of-a-kind entertainment facility that seamlessly integrates with your lifestyle. The renovated 2500+ sq ft home, characterized by its open design, graces the landscape with panoramic views overlooking the driving range. Vaulted ceilings, 9-foot doors leading to the primary bedroom and patio, and a spacious kitchen island with bar-style seating. The deck, complete with a clear cedar ceiling and gas hookup, is engineered to accommodate the hot tub. Below, a 2500+ sq ft pro-shop awaits, boasting a bar and grill, thanks to the acquired food and beverage licenses with the added potential for expansion. Although the business currently operates for just 7 months annually, there exists an opportunity to transition into a year-round venture, promising substantial revenue growth through this strategic shift. The Kelowna Driving Range, powered by Toptracer, stands as a premier attraction, featuring 16 covered and lit Toptracer bays alongside 14 additional bays, drawing golfers of all ages. Complementing this, an 18-hole championship mini-golf course and a meticulously maintained bentgrass putting green. The range even incorporates a cutting-edge cleaning system, effortlessly returning range balls to the tee boxes. This distinctive property not only offers a source of income but also a unique lifestyle opportunity, making it a truly remarkable investment. (id:2493)More details
With an approx 5% cap rate (Based on 7 month of operation) on a 12+ acre driving range that has all the equipment and amenities paid off, you can finally afford the lifestyle you want, while making an incredible income! The current owners only operate the business 7 months a year, so there is even MORE opportunity to generate higher revenues. There is nothing for you to do, except take over the property and the business, enjoy life and make money. The patio has a liquor license along with a food and beverage license with an opportunity to expand. Plus, the Kelowna Driving Range is powered by Toptracer, featuring 16 covered and lit Toptracer bays and 14 additional bays that attracts golfers of all ages. The business also includes an 18 hole championship mini golf course, and a bentgrass putting green. The range even has a cleaning system that brings the range balls back to the tee box area. Plus there is a completely renovated home and pro shop. This is an entertainment facility that you live at! Also listed as MLS #10302245 (id:2493)More details
For more information, please click on the Brochure button below. Situated in the sought-after South Pandosy area, just south of Kelowna General Hospital (KGH), this property presents a unique investment opportunity. Located on a prime corner lot, it stands as a pivotal piece in the desirable zoning landscape of this vibrant area. The property currently hosts a structure that is no longer habitable, offering a blank canvas for redevelopment. Beckons visionaries and developers to transform this space into a purposeful asset, aligning with the area's growth strategy and the Health District's objectives. The South Pandosy location offers a strategic advantage, being in close proximity to the bustling KGH and surrounded by a community that blends heritage character with modern living. This area is earmarked for a blend of health-focused uses, integrating seamlessly with the residential fabric. Embrace the opportunity to contribute to the evolution of the Kelowna Health District, shaping a future that resonates with the area's heritage while catering to contemporary needs. This corner lot is not just a piece of land; it's a gateway to possibilities, a chance to make a mark in a community poised for growth and innovation. Sold as is - with buyer being responsible for tear down/demo of existing dwelling. (id:2493)More details
Premier Development Opportunity in Kelowna South! This a 3-lot assembly totalling 1 Acre of Flat, Usable Land! Preliminary designs have already been prepared for a 3-story condo building, offering 27,000 sqft of potential living space. Inquire for the report to jumpstart your development vision! This prime property offers an expansive, flat canvas, ready for your visionary touch. Whether you're dreaming of luxurious townhomes or condos, this is your chance to make it a reality! Enjoy the convenience of being mere minutes away from shopping, dining, and entertainment options, making this location highly sought after for both residents and investors. Walking Distance to Okanagan Lake. Education is within reach, Kelowna Secondary School a mere 200m away and Okanagan College just 500m from the site. It is a perfect location for families and students alike! Excellent Transportation Links. Stay connected with public transit right at your fingertips and the active Gordon corridor steps away. Nature lovers will adore this property, as it backs onto green space adorned with beautiful mature trees and a charming creek. Enjoy serenity and a connection to nature right at home! Act Now – Don't Miss Out! This premier development site is in high demand and won't last long in this thriving Kelowna South area. Seize this golden opportunity today and turn your real estate dreams into reality! Contact us now to secure your future success! (id:2493)More details
LAND ASSEMBLY! PRIME LOCATION! This 5-lot assembly is located on the corner of Gordon/Raymer, 1 ACRE+, and has a total asking price of $8,400,000. There is potential for constructing a 6-story residential building with commercial on the ground level, under MF3 Zoning. This assembly's highly desirable location, strategic position on transit corridor, & its accessibility to key amenities, marks it as a premium development prospect! City indicates 1.8 FAR + bonuses up to 2.3 FAR. Must be purchased in conjunction with the other properties in the land assembly. Properties included in this assembly are 1198 Raymer Avenue, 1190 Raymer Avenue, 2670 Gordon Drive, 2680 Gordon Drive, & 2690 Gordon Drive. (id:2493)More details
Listed by Royal LePage Kelowna Paquette Realty and Royal LePage Kelowna
LAND ASSEMBLY! PRIME LOCATION! This 5-lot assembly is located on the corner of Gordon/Raymer, 1 ACRE+, and has a total asking price of $8,400,000. There is potential for constructing a 6-story residential building with commercial on the ground level, under MF3 Zoning. This assembly's highly desirable location, strategic position on transit corridor, & its accessibility to key amenities, marks it as a premium development prospect! City indicates 1.8 FAR + bonuses up to 2.3 FAR. Must be purchased in conjunction with the other properties in the land assembly. Properties included in this assembly are 1198 Raymer Avenue, 1190 Raymer Avenue, 2670 Gordon Drive, 2680 Gordon Drive, & 2690 Gordon Drive. (id:2493)More details
Unique 6.55 acres in the centre of the City. Was operating as the STRAWBERRY FARM for years, bring your ideas and enjoy the lifestyle. Set back from the street and near to Munson Pond Park is a 1800sq.ft. substantially renovated rancher, 3 bedrooms, 2 baths, separate workshop, storage sheds, and older cottage that had been used for guests. The home and property have been lovingly maintained and offers options for the new owner. Close to Orchard Park shopping center, schools, golf, parks, countless other recreation pursuits and more. Convenient road access from both Benvoulin as well as Munson offers many options. Come see this home and property today. (id:2493)More details
Opportunity to acquire a prime “in-fill” two lot assembly within one block to Okanagan College. Contiguous 1.5 acre South Kelowna, OCP “Core Neighbourhood” designation redevelopment site. Prime location on K.L.O. Road, a Transit Supportive Corridor, steps to Okanagan College, K.L.O. Middle School, Kelowna Secondary School, Kelowna Pandosy Village, and a short drive to Kelowna General Hospital and Downtown Kelowna. Base 1.8 FAR, 6 storey height. Preliminary Analysis from Lime Architecture available. Note this must be purchased/sold together with 1269 K.L.O. Road. (mls 10304709) (id:2493)More details
Exciting Opportunity in the new MF4 Zoning! The owner is well into a Development Permit process for a 5-story building and now with new MF4 zoning this can now be mixed use commercial (main floor) and residential of up to 6 stories total, and minimal parking. Permitted density will be 2.5 F.A.R. or 26,853 sqft Very impressive preliminary plans available. Commercial will be permitted on the main floor. Two properties have been amalgamated to one title. The holding period can be profitable with excellent steady monthly income of approximately $10,000 attainable from the International Hostel ($6,000/month) and detached 3+2 bedroom home ($4,000/month). The Hostel can also be operated for much higher income and hostel revenue in the summer months ranges from $25k to $35k. (id:2493)More details
INVESTOR ALERT! Rental Property: Two properties have been amalgamated into one title. Includes detached house on Christleton with two rentable units (main and basement) with passive rental income of $4,000/mo. plus another $6,000/mo. from the Kelowna International Hostel on Pandosy. An owner-operator can capitalize on summer income for the hostel ranging from $25 to $35 K. Superb location just 1 block to the Kelowna Hospital, 2 blocks to lake with shops and restaurants nearby. Development Opportunity: Current owner is well into a Development Permit process for a 6-storey building (commercial ground floor and 5 storeys of residential). Permitted density will be 2.5 FAR. The holding period can be profitable, based on the rental incomes mentioned above. (id:2493)More details
ALERT INVESTORS/DEVELOPERS/BUILDERS!!! NEW ZONEING CODE MF4, OCP C-NHD offering potential development FAR 3.0. GEM one-of-a-kind location in the Abbott Street area close to the Okanagan Lake! Spacious rancher style 3 bedroom home with 2 beautifully updated bathrooms a large lot size 0.442 acre. A gorgeous brick fireplace in a huge living room, and a cozy family room. Updated kitchen with island and top-line stainless steel appliances, cabinets with kitchen sink, and extra storage. This beautifully landscaped lot has a fully fenced and gated entrance and offers privacy. 28x24' large detached garage/workshop with wash sink and full 2nd floor complete with games/bonus room, full bathroom living space, for your guest or extended family. (id:2493)More details
Located on Kelowna's coveted Abbott Street, this lakefront heritage home offers art deco charm with modern comforts. Fully renovated with open concept design and thoughtful touches incl. updated lighting, beautiful fireplaces, office, and a flexible mudroom. Entertaining options are endless w/ incredible great room w/ wet bar, gourmet kitchen, proper dining, and add'l seating areas. Upstairs boasts two master retreats, both with luxurious spa-like ensuites & gas fireplaces, plus two add'l bedrooms with their own ensuites, all with heated floors. When the sun beckons, head outside to your private patio with gas fireplace, and take in the Okanagan vistas & direct lake views. The lush landscaping guides you to the sandy beach to take in the sunsets. (id:2493)More details
Listed by Angell, Hasman & Associates (Malcolm Hasman) Realty Ltd. and Angell Hasman & Assoc Realty Ltd.
Welcome to Abbott Street, one of Kelowna’s most sought after lakefront locations. This one-level character bungalow sits on a prized 0.30 acre beachfront lot on the sandy shores of Lake Okanagan to enjoy the incredible Kelowna summer lifestyle. This timeless 2 bedroom character home has had several updates including a modern kitchen with bathrooms together with spacious principal rooms offering a wonderful indoor outdoor lifestyle. Enjoy a beautiful garden with mature trees and deck with approximately 68 feet of pristine beachfront all located just minutes from downtown Kelowna. There is even a dock license in place. This could be the waterfront property at a very attractive price you have been waiting for. (id:2493)More details
Listed by Angell, Hasman & Associates (Malcolm Hasman) Realty Ltd. and Angell Hasman & Assoc Realty Ltd.
Lakefront living at its best, one level living in this spacious 2-3 bedroom/2 bathroom home with unobstructed lakeviews and easy access to your own private boat moorage spot. The home features a large wrap around patio right to the primary bedroom. Live the Okanagan lifestyle with pool and hot tub right at your doorstep. Lock and leave in this very popular location with private gated entrance, this well know complex the Le Chateau is walking distance to all the city has to offer yet private and tucked away from it all. Note- 3rd bedroom currently a den . (id:2493)More 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:2493)More details
Data was last updated April 16, 2024 at 03:45 AM (UTC)
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