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 Commercial Development Opportunity in Merritt! Seize this exceptional chance to invest in a three-lot package of prime commercial real estate in the thriving heart of Merritt. Zoned C-6, this property permits a stunning six-storey development, providing endless possibilities for growth. Over half an acre, these three lots offer a versatile range of permitted uses, including: **Hotel/Motel**: Tap into the booming travel industry with a stylish accommodation option. **Liquor Store**: Take advantage of the local beverage demand and create a community staple. **Restaurant & Cafe**: Perfect for culinary ventures, providing locals and visitors with a delightful dining experience..**Retail & Office Spaces**: Cater to the growing demand for commercial spaces in a bustling area. **Daycare Facilities**: Address the need for childcare services in a family-oriented community. With its strategic location, this property guarantees high visibility and foot traffic, making it ideal for any commercial venture. Don't miss the chance to shape Merritt's future with this rare acquisition. Act now to unlock the potential of this incredible investment opportunity! (id:2493)More details
Listed by Oakwyn Realty Okanagan-Letnick Estates and Sutton Group-West Coast Realty
Seize this rare opportunity to own a 0.78-acre lot in the highly desirable Upper Mission area, complete with approved plans for a four-home bareland strata development. Each residence offers two distinct design options, ensuring a personalized living experience. Situated just minutes from top-rated schools, stunning beaches, award-winning wineries, and Kelowna’s finest amenities, this prime location also provides easy access to the New Ponds Shopping Plaza. The four homes are available for purchase, with floorplans and development pending final city approval. Development Permit approved with condition. Renderings are for illustration only. Utility upgrades are complete, but buyers should verify all requirements with the City of Kelowna. Don’t miss this exceptional investment and development opportunity! (id:2493)More details
This vacant lot presents an incredible investment opportunity with a partially constructed concrete foundation and multi-unit residential plans available for future development. Perfectly positioned with RM4 zoning, the property allows for medium-density residential development, ideal for multi-family or condo projects. Facing the highway and directly across from the sparkling Okanagan Lake, this lot boasts stunning, unobstructed views of both the lake and surrounding mountains. Located just minutes from Peachland's vibrant downtown, it combines convenience with the beauty of lakeside living. The foundation for a 9-condo development is already in place, streamlining the path to creating a stunning lakeview community. Don’t miss out on this property, priced to sell and ready for your vision. Please exercise caution when walking on the property. (id:2493)More details
Data was last updated April 3, 2025 at 03:45 PM (UTC)
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