1089,1095 & 1097 Clement Avenue Kelowna, British Columbia V1T 4Z7
$3,900,000
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:60329)
Property Details
| MLS® Number | 10343693 |
| Property Type | Vacant Land |
| Neigbourhood | Kelowna North |
| Road Type | Paved Road |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Current Use | Development Residential |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.46 |
| Size Total | 0.46 Ac|under 1 Acre |
| Size Total Text | 0.46 Ac|under 1 Acre |
| Zoning Type | Unknown |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/28243040/10891095-1097-clement-avenue-kelowna-kelowna-north
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May 01 2025 05:54:40
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