588/598 Royal Avenue

Kelowna, British Columbia V1Y 5L5

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 1 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 2 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 3 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 4 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 5 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 6 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 7 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 8 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 9 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 10 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 11 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 12 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 13 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 14 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 15 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 16 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 17 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 18 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 19 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 20 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 21 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 22 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 23 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 24 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 25 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 26 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 27 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 28 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 29 - 10383740

    $3,200,000

  • 588/598 Royal Avenue, Kelowna, British Columbia  V1Y 5L5 - Photo 30 - 10383740

    $3,200,000

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Highly Desirable Multi-Family Development Site - 588 and 598 Royal Avenue form an approximately 0.33-acre MF4 land assembly in Kelowna South, less than 200 m from the center of the Kelowna General Hospital Transit Oriented Area. Both properties are zoned MF4 – Transit Oriented Areas with OCP 2040 Future Land Use C-HTH N – Core Area – Health District, placing them in one of only four provincially designated TOAs in Kelowna and in the highest-intensity inner 0–200 m band around the KGH hub. MF4 Multiple Dwelling Housing designation supports 6-storey mid-rise development. The three existing homes provide rental income during the holding and planning stages, and full rear lane access, reinforced by a registered access easement, improves site servicing and parking flexibility. Together, these factors make the property a straightforward, policy-aligned candidate for a mid-rise multifamily project in the unique KGH Transit Oriented Area. Share sale option is available. (id:67517)