2265, 2277 Richter Street
Kelowna, British Columbia
MLS® 10397498
$4,520,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 10397498
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 3Listing description
INVESTOR AND DEVELOPER ALERT! Rare two-lot MF4 land assembly totaling approx. 0.
36 acres with 120. 76 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 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. Approx. 39,205 sq ft buildable at base density, up to 43,910 sq ft with the rental bonus.
Hold and plan with income in place: two existing homes totalling approx. 4,731 sq ft generate rental revenue through design and approvals. The full rear lane adds servicing, access, and parking options at the design stage.
Conceptual design and brochure available — a clean, policy-backed path to a mid-rise project in Kelowna's Health District.
Property summary
- MLS® number
- 10397498
- Property type
- Retail
- Building type
- Retail
- Land size
- 0.36 acres
- Annual property taxes
- $10,188.46
- Days on market
- 1 day
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.