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For sale

2237, 2243, 2253, 2257 Richter Street

Kelowna, British Columbia

MLS® 10395654

$5,896,968

Status
Active
Property type
Retail
MLS® number
10395654
Bedrooms
Bathrooms
Year built

Listing description

INVESTOR AND DEVELOPER ALERT! Rare (4) four-lot MF4 land assembly totaling approx. 0.

53 acres with 176. 46 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 inner 0–200 m band of 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. Hold and plan with income in place: by generating rental revenue. The full-length rear lane adds servicing, access, and parking options at the design stage.

Assemblies of this width, this close to the hospital hub, rarely come to market — a clean, policy-backed path to a significant mid-rise project in Kelowna's Health District.

Property summary

MLS® number
10395654
Property type
Retail
Building type
Retail
Title
Freehold
Land size
0.53 acres
Annual property taxes
$15,037.79
Days on market
21 days

Features & details

Lot features
Level lot
Community features
Family Oriented

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Realty One Real Estate Ltd, Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.