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)
At $6,998,000 for 1.05 acres in Kelowna's Rutland Urban Centre, this land assembly represents a compelling value proposition at $155 per square foot, significantly below the city's average for similar development sites. Zoned for high-density mixed-use, the property's prime location near the Rutland Transit Exchange and alignment with the city's OCP make it an attractive option for developers seeking transit-oriented projects with significant buildable potential.
Property Details
Location
Interested in buying in Kelowna?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.