721 Raymer Avenue Kelowna, British Columbia V1Y 4Z7
$1,562,500
Exceptional land assembly opportunity in the heart of Kelowna’s Pandosy Urban Centre, encompassing 2815 Richter Street, 731 & 721 Raymer Avenue. Together, these parcels form a substantial development site within the UC5 zoning, a designation that supports vibrant mixed-use residential and commercial development in one of the city’s most desirable growth corridors. The UC5 zone allows for up to 6 stories of height, 2.05 FAR base density, and an additional bonus density up to 2.35 FAR when delivering purpose-built rental or attainable housing—unlocking significant build potential. Buyer to verify with city. This flexible zoning supports apartments, townhomes, and mixed-use forms, ideally suited for transit-oriented development within walking distance to Kelowna General Hospital, Okanagan College, and Pandosy Village shops, cafes, and restaurants. The site’s strategic location places future residents minutes from the Lake Okanagan waterfront, Gyro Beach, top-rated schools, and major transit routes—making it a rare opportunity for developers seeking high-demand infill in a dynamic, amenity-rich district. All three properties must be sold together with total asking price of $5 Million. (id:36541)
Property Details
| MLS® Number | 10385351 |
| Property Type | Single Family |
| Neigbourhood | Kelowna South |
| Community Features | Pets Not Allowed |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Constructed Date | 1973 |
| Construction Style Attachment | Detached |
| Exterior Finish | Other |
| Fireplace Fuel | Electric |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Fireplace Type | Unknown |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 1987 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Rear |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 11'4'' x 10'9'' | ||
| Basement | 3pc Bathroom | 5'4'' x 11'8'' | ||
| Basement | Bedroom | 11'2'' x 12'9'' | ||
| Basement | Bedroom | 10'2'' x 11'5'' | ||
| Basement | Living Room | 19'11'' x 15'5'' | ||
| Main Level | 4pc Bathroom | 7' x 8'7'' | ||
| Main Level | Bedroom | 10'2'' x 11'1'' | ||
| Main Level | Primary Bedroom | 10'2'' x 13'3'' | ||
| Main Level | Living Room | 20'1'' x 15'9'' | ||
| Main Level | Dining Nook | 8'9'' x 8'0'' | ||
| Main Level | Kitchen | 11'1'' x 8'8'' |
https://www.realtor.ca/real-estate/29673672/721-raymer-avenue-kelowna-kelowna-south
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Contact us for more information
105 - 7928 128 Street
Surrey, British Columbia V3W 4E8
(604) 599-4888
(604) 507-8851
www.c21coastal.ca/
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April 29 2026 07:03:15
Okanagan-Mainline Real Estate Board
Century 21 Coastal Realty Ltd.