About This Property
Awarded “Best Urban Forest” in Kelowna for 2025, this proposed 0.37-acre lot offers a rare opportunity to build in the heart of the Lower Mission. Set on a quiet cul-de-sac and surrounded by mature trees, this future homesite blends natural beauty with urban convenience. RU1 zoning allows for up to 4 dwelling units (with City approval), and the site may support a walkout design. Sawmill Creek borders the south boundary, adding privacy and charm. Just a short walk to Sarsons Beach, DeHart Park, H2O Centre, top-rated schools, and local shops. Subdivision is in progress and the lot is being sold subject to final registration. PLR and DCCs are based on a single-family home. Higher density may trigger additional fees and servicing costs. The current owner will finalize the subdivision and arrange servicing. This is a unique chance to build in one of Kelowna’s most established and desirable neighborhoods. (id:64973)
At $1,250,000 for a 0.37-acre lot, this property in Kelowna's Lower Mission is priced at a premium compared to the city's average vacant land cost of $800,000. However, the unique opportunity to build a multi-unit development in a highly desirable, tree-lined neighbourhood may appeal to developers seeking to capitalize on the area's growing popularity. This lot's RU1 zoning and potential for a walkout design make it well-suited for an investor or builder looking to maximize the land's use and take advantage of the strong demand for housing in Kelowna's thriving real estate market.
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