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1-1077 Clement Avenue | $675,000
Chris Noakes Agent Photo
Chris Noakes
Chris Noakes
C. (250) 354-7689
 P. (250) 352-3581
 Phone Chris cgcnoakes@gmail.com chrisnoakes.ca
COLDWELL BANKER ROSLING REAL ESTATE (NELSON)
593 Baker Street
 Nelson, BC
 Canada V1L 4J1

Details

%
Years (35 year max)
Years
$3,533.25
$211,995.02
$142,178.12
$69,816.89
Address 1 1077 Clement Avenue
AreaCentral Okanagan
Sub AreaKN - Kelowna North
State/ProvinceBritish Columbia
CountryCanada
Price$675,000
Property TypeResidential Development
Lot Size0.08 Acres
WaterfrontNo
Taxes $2,656
Tax Year2023
MLS® #10341758

LAND ASSEMBLY (Development is supported by the city) 4 separate titles - MLS® 10341904 Unit #2, 1077 Clement Avenue .08 Acres Priced at $898,000 + MLS® 10341758 Unit #1, 1077 CLEMENT, .08 Acres Priced at $675,000 + MLS® 10343693 - 1089,1095 & 1097 Clement Avenue .46 Acres Priced at $3,900,000 Total Acres = .62 Acres Total Price $5,473,000 Visionary Urban Development Starts Here Unlock the potential of one of Kelowna’s most coveted development opportunities with this rare land assembly along the high-demand Clement Avenue corridor. Spanning a combined 0.62 acres, this premium site offers endless potential in a neighborhood poised for remarkable growth and urban transformation. Currently zoned MF-1, this property supports a range of housing types including infill townhomes, ground-oriented units, and low-rise apartment buildings. However, the real magic lies in the potential for rezoning to MF-3—a designation that could open the door to higher-density development, including apartment buildings up to 6 storeys with a base FAR of 1.8, expandable to 2.5 in transit-oriented areas (buyer to verify with the City of Kelowna). Set within a transit-supportive corridor, this location is an urban planner’s dream. Just steps from Okanagan Lake and surrounded by the vibrant energy of downtown Kelowna, future residents will enjoy world-class amenities: trend-setting restaurants, boutique shopping, wine bars, breweries, and exceptional public transportation.

Listed by COLDWELL BANKER EXECUTIVES REALTY

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