About This Property
Rare opportunity to acquire a contiguous 5-lot land assembly totalling 1.05 acres in the heart of Rutland Urban Centre. Zoned UC4, this site supports high-density mixed-use or multi-family development aligned with the City of Kelowna’s OCP. Approximate FAR of 2.25 allows for significant buildable potential (buyer to verify). Strategically located directly beside the Rutland Transit Exchange, offering exceptional walkability and transit-oriented development potential. Strong frontage along Dougall Road N with rear lane access provides efficient site configuration for future development. All five properties are currently improved with residential dwellings, offering holding income while development plans are pursued. Centrally located within minutes to UBC Okanagan, Kelowna International Airport, major shopping, schools, and key amenities. Addresses: 225, 235, 255, 265, 275 Dougall Road N. A rare chance to secure scale in one of Kelowna’s designated growth corridors. (id:64973)
The price per square foot of $665 is competitive for Kelowna, given the property's prime location in the Rutland Urban Centre and its potential for high-density mixed-use or multi-family development. This multi-lot assembly presents an exceptional opportunity for developers seeking to capitalize on Kelowna's thriving real estate market and the city's emphasis on transit-oriented development.
Property Details
Location
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