A rare 0.22-acre (77' x 119') corner lot in the heart of Central Kelowna—designated TS1 zoning, permitting up to 4 storeys with a maximum base density of 1.55 FAR. Located within close proximity to Transit Supportive Corridors, the zoning allows for a range of housing forms from ground-oriented residential to apartment development, offering exceptional flexibility for future plans. Set on a flat corner with lane access, this property delivers the fundamentals that drive long-term value: multiple access points, generous frontage, mature privacy, and a strong presence within a neighbourhood experiencing steady transformation. Wide open yard space and excellent separation from neighbouring homes distinguish this parcel in an area increasingly defined by modern infill. The existing home offers approximately 1,335 sq. ft. with 3 bedrooms and 2 bathrooms. A bright living area with large picture windows welcomes natural light, while the lower-level recreation room adds versatility. A substantial crawl space provides practical storage for those wishing to rent, hold, or occupy while planning redevelopment. A detached garage and additional laneway parking enhance functionality. Minutes to Kelowna General Hospital, beaches, shopping, schools, parks, and major transit routes, this highly connected central location continues to attract homeowners and developers alike. For builders and investors, this is a strategic corner-lot opportunity combining scale, access, and updated zoning in one of Kelowna’s most desirable urban districts. (id:2493)
Data was last updated March 3, 2026 at 08:15 PM (UTC)
Area Statistics
Listings on market:
189
Avg list price:
$540,000
Min list price:
$199,000
Max list price:
$4,277,700
Avg days on market:
40
Min days on market:
0
Max days on market:
732
Avg price per sq.ft.:
$650.6
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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