RARE DEVELOPMENT OPPORTUNITY — UC4 ZONING ON .49 ACRES! Outstanding value for developers & investors! This property represents one of the best land opportunities on the market in one of Kelowna’s fastest-growing urban centres. Zoned UC4, the site supports potential for up to six storeys (buyer to verify) and forms part of a larger land assembly opportunity exceeding one acre—ideal for future multifamily or mixed-use development. Perfectly positioned in a high-demand area, this location offers convenience, connectivity, and growth. Minutes to UBCO, Kelowna International Airport, major shopping, schools, and transit, the property is strategically located to serve the expanding North Kelowna and University District corridor—an area primed for densification and long-term appreciation. The existing home adds flexibility and holding value, featuring 3 bedrooms, 1 bathroom, and a warm cabin-style charm with an open kitchen, cozy living areas, and an upper loft ideal for a tenant suite, studio, or office. A full unfinished basement and a large detached garage/workshop enhance storage and functionality—ideal for interim rental income or home-based business use while development plans progress. Whether your strategy is land banking, assembling, or developing, this property delivers rare scale, zoning, and location advantages—making it a premier investment opportunity in Kelowna’s evolving urban landscape. (id:45055)
-
Property Details
MLS® Number 10370838 Property Type Other Neigbourhood Rutland North AmenitiesNearBy Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area CommunityFeatures Family Oriented Features Level Lot ParkingSpaceTotal 20 -
Building
ConstructedDate 1940 HeatingType Forced Air SizeInterior 1,516 Ft2 Type Residential Commercial Mix UtilityWater Municipal Water See Remarks Additional Parking Detached Garage 2 Rear RV -
Land
AccessType Easy Access Acreage No CurrentUse Mixed Use FenceType Fence LandAmenities Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area LandscapeFeatures Level Sewer Municipal Sewage System SizeIrregular 0.49 SizeTotal 0.49 Ac|under 1 Acre SizeTotalText 0.49 Ac|under 1 Acre -
Rooms
-
Utilities
Your Favourites
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 08 2025 09:31:24
Association of Interior REALTORS®
RE/MAX Kelowna - Stone Sisters
