Prime Development Opportunity – Panoramic Okanagan Lake Views This 2.65-acre medium-density zoned property offers an exceptional opportunity for development in Peachland. Situated just above Okanagan Lake along Princeton Avenue, an active transportation corridor, the site is perfectly positioned for a high-quality multi-family project. Zoned RM4, the property has the potential for 46 townhomes and comes with a shovel-ready Development Permit package. The package includes a professionally engineered grading plan designed to minimize soil fill and retaining walls, along with completed geotechnical, hydrogeological, and traffic studies. A full architectural plan has been developed, featuring four terraced building areas to ensure every home enjoys breathtaking lake views. Significant financial contributions have already been made, including $90K in Community Amenity Contributions and $94K toward transportation and transit improvements, both paid to the District. Additionally, the project is eligible for approximately $130K in road improvement DCC credits, subject to District Engineering confirmation. With seller financing available and flexible closing terms, this is a rare opportunity to secure a turnkey, development-ready site in one of the Okanagan’s most sought-after locations. Serious inquiries only – full documentation and professional reports available upon request. (id:2493)More details
Prime Development Opportunity – Panoramic Okanagan Lake Views This 2.65-acre medium-density zoned property offers an exceptional opportunity for development in Peachland. Situated just above Okanagan Lake along Princeton Avenue, an active transportation corridor, the site is perfectly positioned for a high-quality multi-family project. Zoned RM4, the property has the potential for 46 townhomes and comes with a shovel-ready Development Permit package. The package includes a professionally engineered grading plan designed to minimize soil fill and retaining walls, along with completed geotechnical, hydrogeological, and traffic studies. A full architectural plan has been developed, featuring four terraced building areas to ensure every home enjoys breathtaking lake views. Significant financial contributions have already been made, including $90K in Community Amenity Contributions and $94K toward transportation and transit improvements, both paid to the District. Additionally, the project is eligible for approximately $130K in road improvement DCC credits, subject to District Engineering confirmation. With seller financing available and flexible closing terms, this is a rare opportunity to secure a turnkey, development-ready site in one of the Okanagan’s most sought-after locations. Serious inquiries only – full documentation and professional reports available upon request. (id:2493)More details
Extraordinary Private 8.33 Acre Estate in Prestigious South East Kelowna, where modern luxury meets breathtaking natural beauty. Perched atop a serene hillside, this architectural masterpiece by award-winning designers Richard Hewitt & James Wilson offers unparalleled panoramic views of Okanagan Lake & city skyline. Nestled among world-class wineries, golf courses & lush orchards, this residence features soaring ceilings, heated concrete floors & open-concept layout that seamlessly blends elegance with functionality. Gourmet kitchen designed for grand entertaining, while the great room’s striking wood-burning fireplace creates warm cozy ambiance. Private top-level office/media space with awe-inspiring 360-degree views. Two additional bedrooms, office & versatile den that can serve as fourth bedroom. The lower level completes with guest suite, gym, 20m lap pool, hot tub & rock firepit overlooking the lake. Additionally, 2 bed+den 2 bath 2013 built modular home with wood stove, sauna & private pergola provides an opulent retreat for guests or rental income. Recent enhancements, including entrance gate, full estate fencing (and white fence), full property security camera system, new light fixture, new built-in cabinets/dresser arrangement, retaining wall. Full maintenance & cleaning for swimming pool. Replaced water in hot tub & pool April 2025. New paint & new flooring in mobile home. Newly planted cherry orchard in the front. (id:2493)More details
Extraordinary Private 8.33 Acre Estate with cherry orchard in Prestigious South East Kelowna, where modern luxury meets breathtaking natural beauty. Perched atop a serene hillside, this architectural masterpiece by award-winning designers Richard Hewitt & James Wilson offers unparalleled panoramic views of Okanagan Lake & city skyline. Nestled among world-class wineries, golf courses & lush orchards, this residence features soaring ceilings, heated concrete floors & open-concept layout that seamlessly blends elegance with functionality. Gourmet kitchen designed for grand entertaining, while the great room’s striking wood-burning fireplace creates warm cozy ambiance. Private top-level office/media space with awe-inspiring 360-degree views. Two additional bedrooms, office & versatile den that can serve as fourth bedroom. The lower level completes with guest suite, gym, 20m lap pool, hot tub & rock firepit overlooking the lake. Additionally, 2 bed+den 2 bath 2013 built modular home with wood stove, sauna & private pergola provides an opulent retreat for guests or rental income. Recent enhancements, including entrance gate, full estate fencing (and white fence), full property security camera system, new light fixture, new built-in cabinets/dresser arrangement, retaining wall. Full maintenance & cleaning for swimming pool. Replaced water in hot tub & pool April 2025. New paint & new flooring in mobile home. (id:2493)More details
A rare opportunity to acquire a high-exposure, dual-title mixed-use commercial building in the heart of downtown Vernon’s C7 Heritage Business District, offering approximately 15,000 sq. ft. across multiple levels. The main floor is anchored by a popular, long-term tenant currently operating a restaurant, while the upper level features a 30-bed hostel with a manager’s suite, providing additional rental income. The lower level includes a newly renovated, licensed cannabis dispensary — built out and ready for launch — along with additional flexible space ideal for retail, wellness, or entertainment-oriented uses. C7 zoning supports a broad range of commercial, cultural, and service-based operations, including retail, arcades, animal grooming, educational facilities, and private clubs. It also permits liquor primary establishments, creating future potential for a lounge, bar, or club concept in the lower level, subject to approvals. With the building currently improved to only two storeys above grade, there may be potential for vertical expansion or redevelopment in the future. A freight elevator supports operational functionality, and the walkable downtown location adds long-term value to this adaptable, income-generating asset. (id:2493)More details
Listed by Oakwyn Realty Okanagan-Letnick Estates and Royal LePage Downtown Realty
Seize this rare 0.45-acre offering just 400 meters from Kelowna General Hospital. Ideally located within the Hospital Transit Oriented Area, this property offers unmatched convenience in one of Kelowna’s most desirable neighbourhoods—just steps from prestigious Abbott Street and within walking distance to the lake, multiple beaches, City Park, the scenic Abbott Street active transportation corridor, and a full range of nearby amenities, restaurants, and grocery stores to meet your daily needs. Fronting onto Pandosy Street—a designated Transit Supportive Corridor with a bus stop directly in front and additional transit access nearby on Cadder Avenue—this site is zoned MF4 – Transit Oriented Areas. The zoning supports a six-storey apartment building with a base FAR of 2.5 and potential for bonus density. It is also exempt from the City’s minimum parking requirements under the Zoning Bylaw, offering valuable flexibility for developers. An exceptional opportunity in a high-demand area with strong fundamentals and long-term growth potential. (id:2493)More details
Seize this rare 0.45-acre offering just 400 meters from Kelowna General Hospital. Ideally located within the Hospital Transit Oriented Area, this property offers unmatched convenience in one of Kelowna’s most desirable neighbourhoods—just steps from prestigious Abbott Street and within walking distance to the lake, multiple beaches, City Park, the scenic Abbott Street active transportation corridor, and a full range of nearby amenities, restaurants, and grocery stores to meet your daily needs. Fronting onto Pandosy Street—a designated Transit Supportive Corridor with a bus stop directly in front and additional transit access nearby on Cadder Avenue—this site is zoned MF4 – Transit Oriented Areas. The zoning supports a six-storey apartment building with a base FAR of 2.5 and potential for bonus density. It is also exempt from the City’s minimum parking requirements under the Zoning Bylaw, offering valuable flexibility for developers. An exceptional opportunity in a high-demand area with strong fundamentals and long-term growth potential. (id:2493)More details
ATTENTION DEVELOPERS, BUILDERS, AND INVESTORS! Seize this outstanding opportunity to acquire 2.8 acres of prime development land. Currently zoned MUA for up to 67 townhouses or 26 bare land strata lots adjacent to a thriving townhouse development, this land is ripe for development and ready for sale. Discover Lakeside Living at Its Finest! Just steps away from the breathtaking shores of Okanagan Lake, this parcel boasts an excellent opportunity to create a vibrant community in one of the most stunning natural settings imaginable! With the advantage of minutes from the lakeshore, playground, airport, and elementary & secondary school, this opportunity is designed for families of all sizes. The land is securely positioned with established townhouses to the east & fully serviced subdivided land to the west, making it ideal for immediate development. Located in a Versatile Community, this future development is tailored for everyone, from First Time Home Buyers & young families to those looking to downsize or anyone seeking a low-maintenance new home. Imagine the possibilities for building stunning homes complete with/ legal suites to help ease mortgage payments. This community is designed to accommodate diverse lifestyles and create an unmatched living experience in a picturesque locale. Seize this opportunity to build your dream community in a sought-after area! A 4-bedroom home and a 32x60 shop provide revenue income. (id:2493)More details
ATTENTION DEVELOPERS, BUILDERS, AND INVESTORS! Seize this outstanding opportunity to acquire 2.8 acres of prime development land. Currently zoned MUA for up to 67 townhouses or 26 bare land strata lots adjacent to a thriving townhouse development, this land is ripe for development and ready for sale. Discover Lakeside Living at Its Finest! Just steps away from the breathtaking shores of Okanagan Lake, this parcel boasts an excellent opportunity to create a vibrant community in one of the most stunning natural settings imaginable! With the advantage of minutes from the lakeshore, playground, airport, and elementary & secondary school, this opportunity is designed for families of all sizes. The land is securely positioned with established townhouses to the east & fully serviced subdivided land to the west, making it ideal for immediate development. Located in a Versatile Community, this future development is tailored for everyone, from First Time Home Buyers & young families to those looking to downsize or anyone seeking a low-maintenance new home. Imagine the possibilities for building stunning homes complete with/ legal suites to help ease mortgage payments. This community is designed to accommodate diverse lifestyles and create an unmatched living experience in a picturesque locale. Seize this opportunity to build your dream community in a sought-after area! A 4-bedroom home and a 32x60 shop provide revenue income (id:2493)More details
Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood. (id:2493)More details
This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood (id:2493)More details
Welcome to an exceptional opportunity in the bustling downtown district of Kelowna! This meticulously maintained building boasts a total of 4,320 square feet of leasable space, situated on a generous 4,040 square foot lot with an impressive 141 feet of prime street frontage. Featuring a diverse mix of five tenancies, this property offers a versatile layout suitable for various business endeavors. The ground floor encompasses 3,490 square feet of leasable space, while an additional 830 square feet are available on the upper level. This property has undergone recent upgrades. Notable improvements include the replacement of all three natural gas furnaces in 2022, installation of a new heat pump in November 2023, and replacement of Four AC units in 2022. Enjoy the convenience of triple net leases, covering all building expenses and ensuring a hassle-free owner experience. Among the esteemed occupants are renowned establishments located at 507, 511, 513A, 513B Lawrence Ave, and 1607 Ellis Street, with a recent restaurant renovation in 2024 further enhancing the property's appeal. Strategically positioned on a corner lot and zoned UC1 in the urban core, this property offers excellent visibility and accessibility within Kelowna's downtown high-rise center. Whether you're an investor seeking a lucrative income stream or an entrepreneur looking to establish a thriving business, this commercial gem presents opportunity to capitalize on the vibrant Kelowna market. (id:2493)More details
Data was last updated September 8, 2025 at 05:15 PM (UTC)
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