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408 Royal Av 0.2 Acres of Residential Land Offered at $1,224,836 USD in Kelowna, BC V1Y 5L3
Investment Highlights
- Located directly across from Kelowna General Hospital in the Health District.
- Zoning allows for residential, commercial, and mixed-use development.
- Steps from the beach and Pandosy Village, offering strong lifestyle appeal.
- Feasibility study supports up to 20 multi-family units.
- Situated within a 400-meter transit-oriented area with no parking requirement for residential.
- High-visibility corner lot with laneway access and 69 ft frontage.
Executive Summary
Property Facts
| Price | $1,224,836 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.20 AC |
| Zoning | MF4 - Multi-Dwelling Zones | ||
| Price | $1,224,836 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.20 AC |
| Zoning | MF4 - Multi-Dwelling Zones |
1 Lot Available
Lot
| Price | $1,224,836 USD | Lot Size | 0.20 AC |
| Price Per AC | $6,124,180.14 USD |
| Price | $1,224,836 USD |
| Price Per AC | $6,124,180.14 USD |
| Lot Size | 0.20 AC |
This rare development opportunity is located in Kelowna’s highly sought-after Health District, directly across from Kelowna General Hospital (KGH) and within steps of the waterfront and vibrant Pandosy Village.
Description
The property at 408 Royal Avenue in Kelowna, BC, is a 0.2-acre corner lot located within the city’s Health District, directly across from Kelowna General Hospital. It is positioned within 400 meters of a transit-oriented area and is accessible from both Royal Avenue and an adjacent laneway. The site measures approximately 69 feet in frontage and 128 feet in depth. Current improvements include a 5-bedroom, 3-bath residence of approximately 2,300 square feet. Zoning permits residential, commercial, and mixed-use development.
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408 Royal Av
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