Level
$5,896,968
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:37990)
Property Details
|
MLS® Number
|
10395654 |
|
Property Type
|
Other |
|
Neigbourhood
|
Kelowna South |
|
Amenities Near By
|
Public Transit, Park, Recreation, Schools |
|
Community Features
|
Family Oriented |
|
Features
|
Level Lot |
Building
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Easy Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Park, Recreation, Schools |
|
Landscape Features
|
Level |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
176 Ft |
|
Size Irregular
|
0.53 |
|
Size Total
|
0.53 Ac|under 1 Acre |
|
Size Total Text
|
0.53 Ac|under 1 Acre |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Natural Gas
|
Available |
|
Telephone
|
Available |
|
Sewer
|
Available |
|
Water
|
Available |
https://www.realtor.ca/real-estate/30073372/2237-2243-2253-2257-richter-avenue-kelowna-kelowna-south