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1413 Cherry Cres E
Kelowna, BC V1Y 3Y2
Land For Sale
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0.21 AC
Investment Highlights
- Located along Bernard Avenue’s Transit Supportive Corridor with zoning allowing multi-unit residential development.
- Walking distance to the new Parkinson Recreation Centre and minutes from downtown Kelowna.
- Strong long-term demand drivers fueled by Kelowna’s population and economic growth trajectory.
- Flat 0.21-acre lot ideal for redevelopment and efficient building design.
- Excellent connectivity to public transit and main arterial roads serving the Glenmore area.
Executive Summary
Offering exceptional redevelopment potential, this 0.21-acre site at 1413 Cherry Crescent provides a rare opportunity in the heart of Kelowna. Located along the Bernard Avenue Transit Supportive Corridor, the property is zoned to allow for multi-unit residential, mixed-use, or apartment development. Its flat lot configuration simplifies planning and construction, making it a compelling choice for developers seeking entry into Kelowna’s vibrant and rapidly evolving urban core.
Property Facts
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.21 AC |
1 Lot Available
Lot
| Price | $1,679,488 USD | Lot Size | 0.21 AC |
| Price Per AC | $7,997,560.14 USD |
| Price | $1,679,488 USD |
| Price Per AC | $7,997,560.14 USD |
| Lot Size | 0.21 AC |
Prime development opportunity in the heart of Kelowna’s urban core! Situated along the Bernard Avenue Transit Supportive Corridor (TSC), this property offers exceptional potential for apartment development under current zoning guidelines.
Description
The property at 1413 Cherry Crescent consists of a 2,304 sq. ft. structure built in 1963 on a 0.21-acre lot within Kelowna’s Glenmore neighborhood. It is located on a transit-supportive corridor near Bernard Avenue with municipal water and sewer connections available. The site is in proximity to the Parkinson Recreation Centre and downtown Kelowna. Current use is single-family residential, but zoning supports higher-density redevelopment under the city’s guidelines.
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