Prime Development Opportunity in the Heart of West Kelowna! Unlock the potential of this centrally located freehold property—a rare offering in one of West Kelowna’s most sought-after growth areas. Recently rezoned under the new Official Community Plan (OCP) as “Westbank Urban Centre – Commercial Core Area B,” the site is ideally positioned for high-density, mixed-use development with mid- to high-rise potential up to 15 stories. West Kelowna’s vision for a vibrant urban core supports commercial space on the first two levels, with residential or office use above. Upper floors will capture panoramic lake, valley, and mountain views, offering unmatched appeal and long-term value for future residents or tenants. Priced to sell, this 0.18-acre lot represents an exceptional investment opportunity for developers and builders. In the meantime, the existing home offers solid rental potential. The major mechanical systems in the home have all been upgraded (furnace, A/C, hot water tank) making the home a turnkey opportunity. Conveniently located near shopping, schools, recreation, parks, the lake, and major transit routes, this site delivers the perfect blend of accessibility, lifestyle, and growth potential. A standout location. A city on the rise. A project ready to build your vision. (id:2493)
Data was last updated October 25, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
244
Avg list price:
$704,350
Min list price:
$75,000
Max list price:
$7,980,000
Avg days on market:
68
Min days on market:
1
Max days on market:
418
Avg price per sq.ft.:
$389.65
These statistics are generated based on the current listing's property type
and located in
Westbank Centre. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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