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2896 Gordon Drive, Kelowna | $1,286,545

2896 Gordon Drive is part of a rare UC5 land assembly in one of Kelownaa??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 $169a??$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.

Description

2896 Gordon Drive is part of a rare UC5 land assembly in one of Kelownaa??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 $169a??$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.

General Info


MLS Listing ID: 10343296 Bedrooms: 3 Bathrooms: 2 Year Built: 1985
Parking: N/A Heating: Forced air, See remarks Lotsize: 0.16 ac|under 1 acre Air Conditioning : Wall unit
Home Style: N/A Finished Floor Area: Carpeted, Laminate, Linoleum Fireplaces: Security system, Smoke Detector Only Basement: N/A

Amenities/Features


  • One Balcony

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .