About This Property
787-789 Harvey Ave — Developer Alert One of the last development sites on Harvey Avenue. This 0.27-acre (1,093 sqm) parcel offers 72 ft of highway frontage on Kelowna's primary transit corridor with Core Neighbourhood High Density (CNHD) future land use designation. Current MF1 zoning with a clear path to rezoning supported by OCP designation. The neighbouring property just completed a 6-storey apartment, establishing density precedent directly next door. Develop standalone or assemble with surrounding parcels for a larger project. Duplex on site provides holding income while you plan your next move. Sites with this combination — transit frontage, CNHD designation, assembly potential, and proven neighbour precedent — don't last on Harvey Ave. (id:64973)
At $960 per square foot, this 2,445 square foot property is priced competitively compared to the Kelowna market, which has seen average home prices rise over 30% in the past year. The property's prime location on Harvey Avenue, a major transit corridor, and its potential for redevelopment into a higher-density project make it an attractive investment opportunity for developers seeking to capitalize on Kelowna's growing population and housing demand.
Property Details
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