DEVELOPER ALERT: A rare 2.35-acre development levelled site in the Okanagan Landing area, surrounded by established neighbourhoods, new residential growth and key community amenities. Approved for 23 single-family homes with suites, or 46 duplex units. This site also has potential for up to 60 townhomes or multi-family units under MUA zoning, subject to City approval. Stomwater, water, and sewer services have been extended to the area (Phase 2) from Okanagan Landing Road, helping to reduce off-site requirements. Additional servicing access available via the 7000 Apollo Rd Subdivision. Walking distance to schools, parks, playgrounds, transit, and multi-use pathways. Minutes from groceries, fitness centers, Elementary and High School, Kin Beach, Paddwheel Park, Marshall Fields, Boat Launches and commercial amenities. An exceptional opportunity in one of Vernon's most desirable corridors that offers outstanding lifestyle appeal and substantial long-term value. (id:2493)More details
Developer and Investor Alert! Prime Transit-oriented Multi-family Development Site just 300 meters from Kelowna General Hospital. This rare 0.45-acre site is ideally located within the Hospital Transit Oriented Area, the property is zoned MF4 – Transit Oriented Areas with future land use designation Core Area – Health District (C-HTH). Zoning supports multi-unit residential development up to approximately 6 storeys with a base FAR of 2.5 and potential for bonus density, and is exempt from minimum parking requirements under the Zoning Bylaw, offering valuable flexibility for developers. Walking distance to beaches, City Park, Downtown, schools, and the Abbott Street Active Transportation Corridor, and only minutes to the South Pandosy Urban Centre, Okanagan College, major shopping centres, future UBCO Downtown Campus. This is a rare opportunity in a high-demand location with strong fundamentals and outstanding long-term growth potential! Measurements are approximate and should be independently verified. Buyers are responsible for confirming all information and conducting their own due diligence. (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. (The owner would consider leasing vacant spaces to a qualified tenant.) (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
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
COURT ORDERED SALE – PROPERTY SOLD “AS IS, WHERE IS.” Prime Commercial Mixed-Use opportunity with exceptional exposure along Highway 97. This property offers 4,380 SQFT of main-floor retail space and 3 bedrooms living space on the 2nd floor. Additional 4,000+ SQFT basement, providing significant flexibility for owner-users, investors, or redevelopment. Situated on a 0.35-acre lot with lane access, the site benefits from ample on-site parking, excellent visibility, and prominent signage opportunities. Zoned CMUN – Commercial Mixed Use: Neighborhood, the property allows for a wide range of commercial, residential, and mixed-use applications. Previously operated as a village grocery market, the building is well-positioned to serve neighborhood-scale retail or service uses. Ideally located surrounded by residential properties and directly across from Vernon Jubilee Hospital, with close proximity to public bus transit, ensuring strong pedestrian and vehicular traffic. The zoning supports neighborhood-scale commercial, residential, and mixed-use housing development up to four stories, offering excellent future development and redevelopment potential in a highly desirable and service-oriented location. An outstanding opportunity for investors, developers, or end users seeking visibility, flexibility, and long-term upside. (id:2493)More details
Unlock the full potential of urban living and investment with this prime 0.16-acre corner lot, ideally located and zoned MF1 with approved plans for a five-plex (5 townhomes). This property offers a rare combination of development readiness, flexible design, and unbeatable proximity to Kelowna’s most desirable amenities. With 66.7% site coverage & thoughtfully designed layout, approved plan includes five units: Unit #1 fronting Ethel Street with rear-lane access, #2 & #3 also fronting Ethel Street, #4 & #5 fronting Morrison Avenue & Ethel Street. 5 dedicated parking stalls, bike parking & three-storey build potential, a configuration perfectly tailored to today’s rental and resale markets. Current 3 beds 2 baths home is a great rental, offers generous outdoor areas ideal for private yards and garden, with dual vehicle access from both the street frontage and the rear laneway, extra room for RV/camper parking. Located just steps from the active transportation corridor on Ethel Street and minutes from KGH, Pandosy Village, Highway 97, Okanagan College, Guisachan Village, and Kinsmen Park, this site promises long-term value in one of Kelowna’s fastest-growing urban pockets. Whether you’re an investor seeking a strategic holding property, a builder looking for a shovel-ready multi-family project, or a visionary developer aiming to create sought-after urban homes, this lot represents an exceptional opportunity to shape the future of central Kelowna living. (id:2493)More details
Data was last updated April 16, 2026 at 01:00 PM (UTC)
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