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Investment Highlights

  • Located within Kelowna’s Highway 33 Urban Centre, supporting mixed-use and higher-density development.
  • Excellent accessibility to UBC Okanagan and Kelowna International Airport within a short drive.
  • Flexible positioning for strategic holding or immediate redevelopment initiatives.
  • Proximity to retail, parks, schools, and essential services ensures strong future demand.
  • Growing investment and redevelopment activity in the surrounding Rutland neighborhood.

Executive Summary

Exceptional development opportunity in the heart of Kelowna’s rapidly evolving Highway 33 corridor. This property, together with 145 Sadler Road, offers strong potential within one of the city’s fastest-growing urban neighbourhoods. Ideally located close to transit, schools, parks, shopping, grocery stores, and just a short drive to UBCO and Kelowna International Airport, this area continues to see significant growth and investment. Positioned within a designated Urban Centre, the property supports higher-density residential and mixed-use development, aligning with Kelowna’s vision to meet increasing housing demand. Surrounded by ongoing and proposed developments, this location presents an excellent opportunity for developers and investors to capitalize on future growth and strong market demand. Whether you are looking to explore redevelopment potential or secure a strategic holding property in a high-growth area, this offering provides flexibility and long-term upside. Buyers are encouraged to verify zoning, density, and development potential with the City of Kelowna.

Property Facts

Price $2,244,027 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
Total Lot Size 0.49 AC

1 Lot Available

Lot

Price $2,244,027 USD
Price Per AC $4,579,647.74 USD
Lot Size 0.49 AC

Description

The property consists of 0.49 acres located along Highway 33 in Kelowna’s Rutland neighborhood. It lies within a municipal Urban Centre designated for higher-density and mixed-use projects by the City of Kelowna. The surrounding area includes educational facilities, parks, retail services, and is approximately 10 minutes from Kelowna International Airport. Public utilities include water availability, though no existing sewage system is present. The property is currently labeled as vacant land under freehold ownership.

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41128932

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 180 Highway 33 E, Kelowna, BC V1X 2A3

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