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 $1,514 per square foot, the property is priced slightly above Kelowna's average single-family home price of $1,400 per square foot, suggesting a premium for its pre-zoned land assembly status. This development opportunity is best suited for experienced real estate investors looking to capitalize on Kelowna's ongoing urban intensification and strong demand for multi-family projects near the city center.
Property Details
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