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Nyrose & Associates
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$3,900,000

 Clement Avenue

Downtown Kelowna
Kelowna

Beds Baths
MLS® 10343693

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$3,900,000

 Clement Avenue

Downtown Kelowna
Kelowna

Beds Baths
Sq. Ft.
MLS® 10343693

Visionary Urban Development Starts Here Unlock the potential of one of Kelowna’s most coveted development opportunities with this rare 3-parcel land assembly along the high-demand Clement Avenue corridor. Spanning a combined 0.46 acres, this premium site offers endless potential in a neighborhood poised for remarkable growth and urban transformation. Currently zoned MF-1, this property supports a range of housing types including infill townhomes, ground-oriented units, and low-rise apartment buildings. However, the real magic lies in the potential for rezoning to MF-3—a designation that could open the door to higher-density development, including apartment buildings up to 6 storeys with a base FAR of 1.8, expandable to 2.5 in transit-oriented areas (buyer to verify with the City of Kelowna). Set within a transit-supportive corridor, this location is an urban planner’s dream. Just steps from Okanagan Lake and surrounded by the vibrant energy of downtown Kelowna, future residents will enjoy world-class amenities: trend-setting restaurants, boutique shopping, wine bars, breweries, and exceptional public transportation. Prime location. Limitless potential. Visionary opportunity. (id:21321)

Full Address:
 Clement Avenue, Kelowna, British Columbia
Price:
$ 3,900,000
MLS Number:
10343693
List Date:
May 1st, 2025
Neighbourhood:
Kelowna North
Lot Size:
0.46 ac
Taxes:
$ 17,387

Property Specifications

Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 17,387

Building Features

Lot Size:
0.46 ac
Current Use:
Development residential
Road Type:
Paved road

Land

Office: Coldwell Banker Executives Realty

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