About This Property
961, 967, 971 and 977 Clement Avenue comprise a 19,164 SF mid-rise land assembly pre-zoned under Kelowna’s Transit Supportive Corridor (TSC) Pilot Project, allowing for six storey residential development within an area designated for urban intensification. Located just minutes from Downtown Kelowna, the site benefits from strong connectivity to major arterial routes, supporting efficient access across the urban core. The surrounding corridor continues to attract investment alongside infrastructure upgrades and sustained residential demand. An opportunity to secure a centrally located, pre-zoned assembly aligned with Kelowna’s long-term growth objectives and evolving urban framework. (id:64973)
At $1,625 per square foot, this Kelowna property is priced well above the city's average for single-family homes. However, its prime location along the Transit Supportive Corridor and potential for high-density redevelopment make it an attractive proposition for savvy investors seeking long-term capital appreciation. Given the modest 1-bed, 1-bath layout, this listing is best suited for developers or speculators looking to capitalize on Kelowna's growing demand for multi-family housing units near key transportation hubs.
Property Details
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