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  • 2237, 2243, 2253, 2257 Richter Avenue, Kelowna, British Columbia  V1Y 2N9 - Photo 1 - 10395654

    $5,896,968

  • 2237, 2243, 2253, 2257 Richter Avenue, Kelowna, British Columbia  V1Y 2N9 - Photo 2 - 10395654

    $5,896,968

  • 2237, 2243, 2253, 2257 Richter Avenue, Kelowna, British Columbia  V1Y 2N9 - Photo 3 - 10395654

    $5,896,968

Level

INVESTOR AND DEVELOPER ALERT! Rare (4) four-lot MF4 land assembly totaling approx. 0.53 acres with 176.46 ft of contiguous frontage on the Richter Street transit corridor and a depth of 129.9 ft, directly serving the Kelowna General Hospital precinct. The site sits inside the inner 0–200 m band of the provincially designated KGH Transit Oriented Area — one of only four TOAs in Kelowna — where the Province and the City's OCP 2040 (Future Land Use: C-HTH, Core Area – Health District) direct the greatest height and density. MF4 zoning permits a 6-storey mid-rise with 2.5 FAR base density, plus a 0.3 FAR bonus for purpose-built rental or affordable housing, 65% site coverage, and ground-floor commercial retail — supporting residential, mixed-use, institutional, and health-related uses steps from KGH. Hold and plan with income in place: by generating rental revenue. The full-length rear lane adds servicing, access, and parking options at the design stage. Assemblies of this width, this close to the hospital hub, rarely come to market — a clean, policy-backed path to a significant mid-rise project in Kelowna's Health District. (id:51685)

  • Property Details
    MLS® Number 10395654
    Property Type Retail
    Neigbourhood Kelowna South
    AmenitiesNearBy Public Transit, Park, Recreation, Schools
    CommunityFeatures Family Oriented
    Features Level Lot
  • Building
    Type Retail
    UtilityWater Municipal Water
  • Land
    AccessType Easy Access
    Acreage No
    LandAmenities Public Transit, Park, Recreation, Schools
    LandscapeFeatures Level
    Sewer Municipal Sewage System
    SizeFrontage 176 Ft
    SizeIrregular 0.53
    SizeTotal 0.53 Ac|under 1 Acre
    SizeTotalText 0.53 Ac|under 1 Acre
  • Rooms
  • Utilities
    Cable Available
    Electricity Available
    Natural Gas Available
    Telephone Available
    Sewer Available
    Water Available

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PERRY FREEMAN* CPA,CA

CEO of Okanagan Commercial Realty Corp.
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