INVESTMENT OPPORTUNITY IN CENTRAL KELOWNA! Excellent opportunity to acquire an income-producing property in a highly convenient location, close to downtown Kelowna, beaches, shopping, schools, transit and the future Parkinson Recreation Centre. Situated on a generous lot with a spacious backyard, this property offers ample parking, convenient rear laneway access, and a detached garage. A newer roof adds value, while the central location and established rental income make this an attractive option for investors looking to expand their real estate portfolio. Located in an evolving neighbourhood with favourable zoning for potential future redevelopment, subject to City approvals. Enjoy easy access to everyday amenities, recreational facilities and nearby schools, including the planned new middle school in the Parkinson area. Whether you’re looking for a centrally located investment property with existing rental income or exploring longer-term redevelopment opportunities, this property offers an appealing combination of location, flexibility and future potential. An excellent opportunity to invest in Kelowna’s growing urban core! (id:2493)More details
OPEN HOUSE SATURDAY November 14th, 11AM-1PM. MULTI-FAMILY INVESTMENT or HOLDING PROPERTY - Two Homes located on large .31 acre lot centrally located in Glenmore minutes to Downtown, Knox Mountain and Schools. The main (original 1948) home was renovated approx. 10 years ago and features 4 bedrooms, 2.5 baths, (plus a full unfinished basement for additional storage). The upper level (2 beds/full bath) has limited head room but is great for kids! This original home has central AC/forced air heating, and is currently set up with access to the large backyard. The RIGHT side (older home) is currently TENANT occupied until November 30th and will be VACANT for December 1st. The LEFT SIDE ADDITION (second residence) was completed in 2016 as a legal 2-storey secondary suite/duplex with single car garage and has bright kitchen with quartz counters, private back patio, 1/2 bath on the main, plus 2 generous bedrooms with attached bathrooms on the upper level and even a private balcony off the primary suite! This home has electric baseboard heat plus wall AC units. The LEFT side (newer home) is currently VACANT. Click 3D Tour link for all photos, video, measurements and downloadable floor plans. ** Please note that photos/3D Tour are from previous tenants, so may not be exactly as shown. All measurements are showing combined totals for both homes. ** (id:2493)More details
2845 Bouvette Street is part of a rare UC5 land assembly in one of Kelowna’s most active redevelopment corridors, with several properties located within the Okanagan College Transit Oriented Area (TOA) and the balance along a designated Transit Supportive Corridor. The broader assembly is approximately 4 acres, offering significant scale for mixed-use or purpose-built rental development in a high-demand location. Indicative pricing is expected in the range of $169–$199 per land sq ft depending on configuration, timing and overall acquisition scope. UC5 zoning supports up to 6-storey development, with density varying by location and potential for increased yield through bonus provisions. Based on a blended scenario, the assembly may support approximately 350,000 sq ft buildable with potential upside to approximately 435,000+ sq ft (buyer to verify). Flat, efficient site with strong frontage along Gordon Drive and multiple access points via Bouvette St and Lowe Ct, supporting practical site planning and construction. Walkable to transit, Okanagan College, schools, shopping, beaches, Kelowna General Hospital and key amenities, reinforcing long-term rental and mixed-use viability. Property may be acquired individually or assembled. Some properties not listed. Buyers to verify all development potential and intended use. (id:2493)More details
Corner exposure, UC5 zoning and 0.31 acres in a convenient central Kelowna location. Situated at Gordon Drive and Raymer Avenue, this property offers an opportunity for buyers looking to explore development now or hold for the future. UC5 zoning provides for consideration of up to six storeys, with the potential to reach eight storeys and achieve additional floor area ratio (FAR) through the City’s Affordable Housing Bonus program, subject to eligibility and City approval. Walking distance to Okanagan College and Kelowna Secondary School, with a transit stop directly in front on Gordon, the location supports convenient access for future residents or businesses. The existing home is very well kept and benefits from updates to some key systems, providing functional living space for an owner or tenants during the planning stage. A detached garage/workshop (33' L x 22' W x 10' H) adds to its everyday usefulness. Explore the possibilities this corner site has to offer. All measurements are approximate. Information is from sources believed to be reliable but should be independently verified by buyers and their advisors, including zoning, development potential and bonus program eligibility. (id:2493)More details
Corner exposure, UC5 zoning and 0.31 acres in a convenient central Kelowna location. Situated at Gordon Drive and Raymer Avenue, this property offers an opportunity for buyers looking to explore development now or hold for the future. UC5 zoning provides for consideration of up to six storeys, with the potential to reach eight storeys and achieve additional floor area ratio (FAR) through the City’s Affordable Housing Bonus program, subject to eligibility and City approval. Walking distance to Okanagan College and Kelowna Secondary School, with a transit stop directly in front on Gordon, the location supports convenient access for future residents or businesses. The existing home is very well kept and benefits from updates to some key systems, providing functional living space for an owner or tenants during the planning stage. A detached garage/workshop (33' L x 22' W x 10' H) adds to its everyday usefulness. Explore the possibilities this corner site has to offer. All measurements are approximate. Information is from sources believed to be reliable but should be independently verified by buyers and their advisors, including zoning, development potential and bonus program eligibility. (id:2493)More details
Data was last updated November 11, 2026 at 12:15 AM (UTC)
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