2237, 2243, 2253, 2257 Richter Avenue, Kelowna

2026-07-24
 

Quick Summary

Location
2237, 2243, 2253, 2257 Richter Avenue, Kelowna, British Columbia V1Y2N9
Price
$5,896,968 CAD
Status:
For Sale
Property Type:
Other

MLS®#10395654

Property Description

INVESTOR AND DEVELOPER ALERT! Rare (4) four-lot MF4 land assembly totaling approx. 0.53 acres with 176.46 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 inner 0–200 m band of 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. Hold and plan with income in place: four existing homes generate rental revenue, and the full-length rear lane adds servicing, access, and parking options at the design stage. Assemblies of this width, this close to the hospital hub, rarely come to market — a clean, policy-backed path to a significant mid-rise project in Kelowna's Health District. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Residential Commercial Mix

Land

  • Land Size: under 1 acre

Ownership

  • Type: Freehold

Information entered by Realty One Real Estate Ltd
Listing information last updated on: 2026-07-23 22:48:03


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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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