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:43281)
Clement Avenue, Kelowna
MLS® 10343693
Property Details
- Address:
- Clement Avenue, Kelowna, British Columbia
- Price:
- $ 3,900,000
- MLS Number:
- 10343693
- List Date:
- May 1st, 2025
- Lot Size:
- 0.46 ac
- Taxes:
- $ 17,387
Interior Features
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Zoning:
- Unknown
- Ownership Type:
- Freehold
- Taxes:
- $ 17,387
Floors
Land
- Lot Size:
- 0.46 ac
- Current Use:
- Development residential
- Road Type:
- Paved road
Neighbourhood Features
Ratings
Commercial Info
Location
Mortgage Calculator
Neighbourhood Details
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