$5,896,968

2237, 2243, 2253, 2257 Richter Street, Kelowna

Kelowna South, Kelowna, BC V1Y2N9

Commercial

Listed by Realty One Real Estate Ltd

About this property

INVESTOR AND DEVELOPER ALERT! Rare (4) four-lot MF4 land assembly totaling approx. 0.53 acres with 176.46 ft of contiguous frontage on the Richter Street transit corridor and a depth of 129.9 ft, directly serving the Kelowna General Hospital precinct. The site sits inside the inner 0–200 m band of the provincially designated KGH Transit Oriented Area — one of only four TOAs in Kelowna — where the Province and the City's OCP 2040 (Future Land Use: C-HTH, Core Area – Health District) direct the greatest height and density. MF4 zoning permits a 6-storey mid-rise with 2.5 FAR base density, plus a 0.3 FAR bonus for purpose-built rental or affordable housing, 65% site coverage, and ground-floor commercial retail — supporting residential, mixed-use, institutional, and health-related uses steps from KGH. Hold and plan with income in place: by generating rental revenue. The full-length rear lane adds servicing, access, and parking options at the design stage. Assemblies of this width, this close to the hospital hub, rarely come to market — a clean, policy-backed path to a significant mid-rise project in Kelowna's Health District. (id:67417)

Property details

Price

$5,896,968

MLS® number

10395654

Property type

Commercial · Retail

Ownership

Freehold

Lot size

0.53 acres · 0.53

Frontage

176 feet

Annual taxes

$15,038

Community

Kelowna South, Kelowna

Features

Community

Family Oriented

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

Utilities

Water, Sewer, Natural Gas, Electricity, Cable, Telephone

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