721 Raymer Avenue, Kelowna, BC V1Y4Z7
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721 Raymer Avenue, Kelowna, BC V1Y4Z7
721 Raymer Avenue, Kelowna, BC V1Y4Z7
721 Raymer Avenue, Kelowna, BC V1Y4Z7
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$ 1,562,500
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721 Raymer Avenue Kelowna, BC V1Y4Z7

4 Beds

2 Baths

1,987 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1987

Square Footage 1,987 sqft

Price per Sqft $786

Subdivision Kelowna South

MLS® Listing ID 10385351

Bedrooms 4

Year Built 1973

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Freehold

Property Description

Exceptional land assembly opportunity in the heart of Kelowna's Pandosy Urban Centre, encompassing 2815 Richter Street, 731 & 721 Raymer Avenue. Together, these parcels form a substantial development site within the UC5 zoning, a designation that supports vibrant mixed-use residential and commercial development in one of the city's most desirable growth corridors. The UC5 zone allows for up to 6 stories of height, 2.05 FAR base density, and an additional bonus density up to 2.35 FAR when delivering purpose-built rental or attainable housing—unlocking significant build potential. Buyer to verify with city. This flexible zoning supports apartments, townhomes, and mixed-use forms, ideally suited for transit-oriented development within walking distance to Kelowna General Hospital, Okanagan College, and Pandosy Village shops, cafes, and restaurants. The site's strategic location places future residents minutes from the Lake Okanagan waterfront, Gyro Beach, top-rated schools, and major transit routes—making it a rare opportunity for developers seeking high-demand infill in a dynamic, amenity-rich district. All three properties must be sold together with total asking price of $5 Million. (id:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Basement 11'4'' x 10'9'' Kitchen

Extra Room 2 Basement 5'4'' x 11'8'' 3pc Bathroom

Extra Room 3 Basement 11'2'' x 12'9'' Bedroom

Extra Room 4 Basement 10'2'' x 11'5'' Bedroom

Extra Room 5 Basement 19'11'' x 15'5'' Living room

Extra Room 6 Main level 7' x 8'7'' 4pc Bathroom

Interior

Heating Forced air

Fireplaces Number 1

Fireplaces Type Unknown

Exterior

Parking Features No

Community Features Pets not Allowed

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Century 21 Coastal Realty Ltd.
Phil Harris
Phil Harris

Realtor

+1(778) 932-5947 | philokhomeseller@gmail.com

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721 Raymer Avenue