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424 Newsom Avenue, Kelowna
2026-08-17
Quick Summary
- Location
- 424 Newsom Avenue, Kelowna, British Columbia V1Y4Y2
- Price
- $1,795,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2756 sqft
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year of Construction:
- 1947
MLS®#10396885
Property Description
A rare opportunity to acquire a prime development site in the heart of Kelowna's South Pandosy Urban Centre. Zoned UC5, this 6,044 sq ft lot (79 x 76.5 ft) with laneway access is surrounded by new construction on all sides, with several neighbouring parcels already cleared and shovel ready, a clear signal of where this corridor is heading. UC5 zoning permits mixed-use development up to 8 storeys as of right, with density bonusing available up to 11 storeys. No rezoning required. The City of Kelowna has identified this node as a primary growth area under the 2040 OCP, making this an exceptionally well positioned holding for any developer or investor looking to enter one of BC's most active mid-size urban markets. Steps to Okanagan Lake, the Pandosy Village commercial strip, Kelowna General Hospital, and transit. The existing two storey home with pool generates income while you plan. Hold, assemble, or build. Land assembly potential exists with neighbouring properties. Opportunities like this in an established urban centre with this level of surrounding development activity are increasingly rare. (id:32467)
Property Features
Building
- Construction Style: Detached
- Cooling Type: Wall unit
- Fireplace: No
- Interior Size: 2756 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 0.14 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Real Broker B.C. Ltd
Listing information last updated on: 2026-08-12 23:58:26
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
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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Glen MacKenzie REALTOR®. Member of The Canadian Real Estate Association & more
- Phone:
- (250) 870-4536
- Mobile:
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- Email:
- onepercentglen@shaw.ca
- Support Area:
- Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland
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- 604-683-1393
- Email:
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- Support Area:
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- 604-562-4152
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