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Investment Highlights

  • Two adjacent corner lots totaling approximately 18,294 square feet positioned in Rutland.
  • Located next to an elementary school, within walking distance to parks and shopping.
  • Accessible location with proximity to key employment nodes and transit connections.
  • Conceptual development for up to 13 townhomes, subject to city approval.
  • City of Kelowna has indicated support for MF2 rezoning (buyer to verify).

Executive Summary

This redevelopment opportunity presents strong potential for a multi-family project, with a conceptual layout supporting up to 13 townhomes. Located in a highly desirable and walkable neighbourhood, the properties are within close proximity to schools, parks, shopping, and key employment hubs making it an attractive location for future residents. The City of Kelowna has indicated support for MF2 rezoning, all details and development potential are to be verified by the buyer through their own due diligence. A prime opportunity for builders and investors to secure a well located site with excellent redevelopment potential in a growing community. Renderings are conceptual and for illustrative purposes only.

Property Facts

Price $1,282,607 USD
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 $1,282,607 USD
Price Per AC $6,107,653.64 USD
Lot Size 0.21 AC

An exceptional development opportunity in the heart of Rutland! 400 & 410 Milton Road offer two side-by-side corner lots totaling approximately 18,294SF, ideally positioned adjacent to an elementary school.

Description

400 Milton Road, along with the adjacent 410 Milton Road, presents a rare infill redevelopment opportunity in the thriving Rutland neighborhood of Kelowna. The combined site spans approximately 18,294 square feet across two corner lots, creating a compelling platform for residential development. Conceptual plans indicate capacity for up to 13 townhomes, aligning with the city’s urban growth strategy and anticipated zoning upgrades to MF2.

Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40389620

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 400 Milton Rd, Kelowna, BC V1X 2V4

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