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:4069)
Address
1089,1095 & 1097 Clement Avenue
List Price
$3,900,000
Property Type
Vacant Land
Type of Dwelling
Other
Area
British Columbia
Sub-Area
Kelowna
Lot Size
0.46 Ac.
MLS® Number
10343693
Listing Brokerage
Coldwell Banker Executives Realty
Postal Code
V1T4Z7
