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Hwy 33 - DEVELOPMENT SITE IN WEST KELOWNA RUTHLAND

0.49 Acres of Commercial Land Offered at $3,980,000 CAD in Kelowna, BC

Executive Summary

This site currently has a development permit (DP) in hand for a 37,987 square foot, 5-storey mixed-use (Commercial/Residential) building with a Floor Space Ratio (FSR) of 2.0. The buyer has the opportunity to amend the FSR to 2.8 according to the new Official Community Plan (OCP) of Kelowna. The location is superb, being just minutes from UBC, the airport, and downtown, and within walking distance to all levels of transit, shops, and schools. All related documents are available upon the execution of a Non-Disclosure Agreement (NDA). For more details, please contact Jing Chen at 778-668-0555.

Property Facts

Price $3,980,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
Total Lot Size 0.49 AC

1 Lot Available

Lot

Price $3,980,000 CAD
Price Per AC $8,122,449 CAD
Lot Size 0.49 AC

Grand Central Realty is pleased to offer a prime 0.49-acre development site in the highly developing area of West Kelowna, located on HWY 33 E.

Description

Grand Central Realty is pleased to offer a prime 0.49-acre development site in the highly developing area of West Kelowna, located on HWY 33 E. This site currently has a development permit (DP) in hand for a 37,987 square foot, 5-storey mixed-use (Commercial/Residential) building with a Floor Space Ratio (FSR) of 2.0. The buyer has the opportunity to amend the FSR to 2.8 according to the new Official Community Plan (OCP) of Kelowna. The location is superb, being just minutes from UBC, the airport, and downtown, and within walking distance to all levels of transit, shops, and schools. All related documents are available upon the execution of a Non-Disclosure Agreement (NDA). For more details, please contact Jing Chen at 778-668-0555.

Walk Score ®
Very Walkable (87)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32698598

  • Date on Market: 2024-08-06

  • Last Updated:

  • Address: Hwy 33, Kelowna, BC

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