2855 Bouvette Street, Kelowna
2855 Bouvette Street is part of a rare UC5 land assembly in one of Kelowna’s most active redevelopment corridors, with several properties located within the Okanagan College Transit Oriented Area (TOA) and the balance along a designated Transit Supportive Corridor. The broader assembly is approximately 4 acres, offering significant scale for mixed-use or purpose-built rental development in a high-demand location. Indicative pricing is expected in the range of $169–$199 per land sq ft depending on configuration, timing and overall acquisition scope. UC5 zoning supports up to 6-storey development, with density varying by location and potential for increased yield through bonus provisions. Based on a blended scenario, the assembly may support approximately 350,000 sq ft buildable with potential upside to approximately 435,000+ sq ft (buyer to verify). Flat, efficient site with strong frontage along Gordon Drive and multiple access points via Bouvette St and Lowe Ct, supporting practical site planning and construction. Walkable to transit, Okanagan College, schools, shopping, beaches, Kelowna General Hospital and key amenities, reinforcing long-term rental and mixed-use viability. Property may be acquired individually or assembled. Some properties not listed. Buyers to verify all development potential and intended use. (id:62865)
Status
Active
Year Built
1983
Property Type
House
Ownership
Freehold
Parking Spaces
6
Annual Tax
$4,354
Parcel Number
003-127-605
Data Source
Association of Interior REALTORS®
Bedrooms
3
Bathrooms
2
Living Area
1989 square feet
Architectural Style
Other
Flooring
Appliances
Lot Size
0.14 acres
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters, Electric
Water Source
Municipal water
Sewer
Municipal sewage system
Utilities
Security
$1,051,974
Office
Coldwell Banker Horizon Realty
Loan Amount:
$841,579
Estimated Monthly Payment:
$4,101
This is an estimate for informational purposes only. Consult with a financial advisor.
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