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Home BC Greater Kelowna Kelowna Central City
1089,1095 & 1097 Clement Avenue
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1089,1095 & 1097 Clement Avenue $3,900,000
2 days ago
$3,900,000
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1089,1095 & 1097 Clement Avenue
Kelowna, British Columbia V1T4Z7

MLS® Number: 10343693

Listing Description

Visionary Urban Development Starts Here Unlock the potential of one of Kelowna’s most coveted development opportunities with this rare 3-parcel land assembly along the high-demand Clement Avenue corridor. Spanning a combined 0.46 acres, this premium site offers endless potential in a neighborhood poised for remarkable growth and urban transformation. Currently zoned MF-1, this property supports a range of housing types including infill townhomes, ground-oriented units, and low-rise apartment buildings. However, the real magic lies in the potential for rezoning to MF-3—a designation that could open the door to higher-density development, including apartment buildings up to 6 storeys with a base FAR of 1.8, expandable to 2.5 in transit-oriented areas (buyer to verify with the City of Kelowna). Set within a transit-supportive corridor, this location is an urban planner’s dream. Just steps from Okanagan Lake and surrounded by the vibrant energy of downtown Kelowna, future residents will enjoy world-class amenities: trend-setting restaurants, boutique shopping, wine bars, breweries, and exceptional public transportation. Prime location. Limitless potential. Visionary opportunity. (38586733)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Kelowna North
Title
Freehold
Land Size
0.46 ac|under 1 acre
Annual Property Taxes
$17,387
Time on REALTOR.ca
2 days

Building

Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Lot Features
Present Use
Development residential
Road Type
Paved road
Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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