ONE OF KIND INVESTMENT/DEVELOPMENT OPPORTUNITY IN THE HEART OF THE OKANAGAN VALLEY! Rarely offered with this substantial potential, 251 Harvey Ave is strategically located at the entrance of the City and is a central component to unlock the potential to create….“THE GATEWAY TO KELOWNA”! The property offers a well-maintained 6,000 sqft office building (C21 business NOT for sale) and sits on .55 acres. This prime lot will unlock the potential a large development statement piece situated in the heart of the Valley. Fronting the main corridor highway, this high exposure site is only steps to the vibrant downtown core with its trendy shops and dining, and of course, the jewel of the area - the famous Okanagan Lake. The City of Kelowna and zoning supports a multitude of development opportunities including a hotel, high end condos or rentals, or a mix of both with commercial components. The listed property, 251 Harvey Ave, sits smack dab in the center of this impressive spot and would offer a buyer an attractive leaseback of $242,200 annually. As a standalone investment for future income/holding property, or part of this rare development opportunity - DO NOT LET THIS ONE PASS BY, THIS IS THE ONE! Please contact the listing agents for further information. (id:2493)More details
Phase 2 of Apollo Hill - Your Opportunity to Shape Okanagan Landing in Vernon. 23 Single-Family homes approved by the city. *UPDATE: potential for 60 Townhouse or Multifamily lots. Apollo Hill’s Phase 2 presents an exciting opportunity for developers. With 23 available lots, the land is cleared and primed for construction. Many expenses have already been covered during the development of Phase 1. Situated across the street from Marshall Fields and just a 10-minute walk from the picturesque Okanagan Lake, this location offers both convenience and natural beauty. Don’t miss out on being part of the transformation of Okanagan Landing. Contact us today to explore the possibilities! (id:2493)More details
Located on a quiet street in the desirable Spring Valley neighbourhood, this sizeable 0.47 acre lot is the perfect site for your future townhouse development. The city supports rezoning this parcel to MF2 to accommodate up to 20,400sq ft GFA (Base FAR: 1.0). At two stories in height, this property can comfortably accommodate 14x 1,300sq ft townhouses, but greater density could be achieved if building up a 3rd story (up to FAR: 1.3 possible w/ Public Amenity or Rental Bonus). The existing house and sizeable workshop will provide solid rental income while you are perfecting your development plans, and proximity to shopping, restaurants, schools, parks, Mission Park Greenway, Orchard Park Mall, Costco, public transit, and much more will aide your future development in being a big success! The Property Transfer Tax Exemption on new construction means that a buyer can purchase a $650k townhouse with less than $45k down if they included the GST in their mortgage, and the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $3k/mo (assuming 3.5% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the size and shape of this lot affords considerable flexibility to realize your own development vision. (id:2493)More details
Situated within the highly coveted Abbott St corridor, and steps away from Okanagan Lake, sits a private oasis, waiting for your building ideas. Only a stones throw away from Okanagan Lake with 3 of the sandiest access points, including an off leash dog beach! This .17 acre site is currently zoned RU1 which would allow you to re imagine the property (subject to setbacks, site coverage, and feasibility) Corner lot with laneway. The existing home was built on one corner of the property, maximizing the use of space, and creating an abundance of green space at your front door. Ideal proximity to downtown, shopping, dining, KGH, parks and beaches. As close as you can get to being waterfront, without the waterfront taxes! Also check out MLS 10338827 to view the existing home with more detail, and then book a showing! (id:2493)More details
Offering a 1.89% assumable mortgage and strong rental income, this corner lot is the perfect holding property for future development. The land is already zoned to accommodate up to 6 townhouses and is located on a quiet street close to all that the South Pandosy neighbourhood has to offer—shopping, restaurants, beaches, schools, H2O Centre, public transit, and much more. Higher floors will enjoy beautiful pastoral views in almost every direction and will aide your future development in being a big success! Good rental revenue potential ensures that you can take your time perfecting your development plans and then build when the time is right. If the existing mortgage is assumed, the property would generate approximately $1,200/mo in positive cashflow until you are ready to redevelop it (based on past rental income and a 20% downpayment). The increased Property Transfer Tax Exemption on new construction means that a buyer can now purchase an $850k townhouse with less than $65k down if they included the GST in their mortgage. Furthermore, the latest change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $4k/mo (assuming 4% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the extensive street frontage of this lot provides considerable flexibility to realize your own development vision. (id:2493)More details
Build your estate home on this wonderful half-acre lot with exceptional views over orchards and farms, towards Kelowna and Okanagan lake. Views are over ALR land so they are unlikely to change. Enjoy the peace and solitude of rural living only minutes away from all the amenities the Okanagan has to offer! Views are over Agricultural Land Reserve property. Sewer and water are on the lot and other utilities are at the road. Lot is sloped ideally for a rancher/walkout home. Centrally located only 10 minutes to Kelowna International Airport. Several golf courses are only minutes away, including Tower Ranch, Sunset Ranch, Kelowna Springs, Shadow Ridge, The Quail and Bear and Black Mountain. Schools, shopping, parks and recreation venues are all within a 10-minute drive. Big White and Silver Star winter sports areas are less than an hour away. 20 minutes to downtown beaches. (id:2493)More details
Beautiful Lakeview Lot located in the sought-after Upper Mission neighborhood. This 0.26-acre lot (11,325 square feet) is ideal for a custom-built home. With no required building timeframe and no obligation to use a specific builder, you have complete flexibility. All essential services are already at the lot line, making this property ready for development. The gently sloping terrain is perfectly suited for a walk-up rancher design, offering ample space for a pool, additional parking, and outdoor entertainment areas. Conceptual drawings for this lot are attached to this listing to help you visualize your dream home on this stunning lot. The lot is conveniently close to Summer Hill and Cedar Creek Wineries, Okanagan Lake, schools, shopping centers, walking trails, and numerous other amenities. Conceptual drawings for this lot are attached to this listing to help you visualize your dream home on this stunning lot!!!! (id:2493)More details
Lovely private 10.13 acre property, perfect for building your estate residence or country home in Jenny Creek Estates, a gated community of 12 acreages properties of similar size. A paved private road serves the properties which are accessed through a gated entry. Strata fees include maintenance of the gate and road, as well as snow clearing during the winter. Water is provided by a private utility owned by the property owners, as well as those of Wilson's Landing subdivision. There is a water line running to the main building site, as well as underground power. A small carriage house was located on the property and was destroyed by the McDougall Creek fire in August 2023. The building site has been completely cleaned up and leveled. Hazardous trees have been removed from the property and views have been improved. There are two building sites. The second is at the last turn in the driveway, with lake views. The RR2 zoning allows the construction of a secondary residence on the property. There is a driveway running almost to the back of the property, where the best building sites are. The driveway requires some maintenance. There was also an orchard planted at the lower part of the property, next to the access road. It has been overgrown but could be reclaimed and planted again. Property is private and secluded bit is approximately a 20 minute drive to downtown Kelowna. Great access to hiking and outdoor activities. (id:2493)More details
Prime opportunity to build your dream home on one of Kelowna’s most exclusive streets! This flat 58’ x 130’ lot (7,540 sq. ft. / 0.17 acres) is zoned RU1, offering endless possibilities in a prestigious neighborhood. Enjoy the perfect blend of privacy and convenience, with top-tier amenities, schools, parks, and the lake just minutes away. Don’t miss your chance to own a piece of this sought-after location! (id:2493)More details
Listed by Century 21 Assurance Realty Ltd and Judy Lindsay Okanagan
Welcome to Trailhead at the Ponds – Upper Mission’s Premier Community. Discover the perfect place to build your dream home in this highly desirable Upper Mission neighborhood. Situated in a quiet cul-de-sac, this breathtaking lot offers stunning views of Okanagan Lake, Mountains, and the Valley. Exclusive development with five hand-picked builders offering a choice of three architectural styles: Modern Farmhouse, Transitional, and West Coast Modern, ensuring a cohesive and beautiful aesthetic throughout the neighborhood. Surrounded by walking trails, natural landscapes, and panoramic lake views. Close proximity to a variety of top-rated schools and amenities, making it ideal for families. Convenient access to the new commercial shopping center featuring Shoppers Drug Mart, Save-On-Foods, Dollarama, and other great retailers. This lot is your opportunity to create a custom home that matches your lifestyle while enjoying the tranquility of nature and the conveniences of this property! (id:2493)More details
This 5.11 acre highway frontage property is being offered for sale and would be perfect for a road side commercial, residential or mixed use project! Taking advantage of the long straight section of the highway with excellent frontage and visibility to make your dream a reality. In an area with a huge potential for passing traffic and increasing amount of residential properties in the immediate area its a great location for a roadside use. General store, gas station, multifamily? There are endless possibilities for someone with a creative vision. If desired, it can be purchased in conjunction with the 5.65 acres listed next door at 10 Boulder Rd for a massive 10.76 acres development site. Call for more info! (id:2493)More details
This 5.65 acre highway frontage property is being offered for sale and would be perfect for a road side commercial, residential or mixed use project! Taking advantage of the long straight section of the highway with excellent frontage and visibility to make your dream a reality. In an area with a huge potential for passing traffic and increasing amount of residential properties in the immediate area its a great location for a roadside use. General store, gas station, multifamily? There are endless possibilities for someone with a creative vision. If desired, it can be purchased in conjunction with the 5.11 acres listed next door at 6386 Highway 33 for a massive 10.76 acres development site. Call for more info! (id:2493)More details
Data was last updated April 17, 2025 at 06:45 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.