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  • 2265, 2277 Richter Street, Kelowna, British Columbia  V1Y 2N9 - Photo 1 - 10397498

    $4,520,000

  • 2265, 2277 Richter Street, Kelowna, British Columbia  V1Y 2N9 - Photo 2 - 10397498

    $4,520,000

  • 2265, 2277 Richter Street, Kelowna, British Columbia  V1Y 2N9 - Photo 3 - 10397498

    $4,520,000

Level

INVESTOR AND DEVELOPER ALERT! Rare two-lot MF4 land assembly totaling approx. 0.36 acres with 120.76 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 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. Approx. 39,205 sq ft buildable at base density, up to 43,910 sq ft with the rental bonus. Hold and plan with income in place: two existing homes totalling approx. 4,731 sq ft generate rental revenue through design and approvals. The full rear lane adds servicing, access, and parking options at the design stage. Conceptual design and brochure available — a clean, policy-backed path to a mid-rise project in Kelowna's Health District. (id:51685)

  • Property Details
    MLS® Number 10397498
    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 121 Ft
    SizeIrregular 0.36
    SizeTotal 0.36 Ac|under 1 Acre
    SizeTotalText 0.36 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.
Personal Real Estate Corporation

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