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$1,562,500
British Columbia,Kelowna
For Sale Active
721 Raymer Avenue, Kelowna, British Columbia V1Y4Z7
  • 4
  • 2
  • 1,987 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10385351
  • Price: $1,562,500
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1,987 Sqft
  • Year Built: 1973
  • Status: Active
  • Property Sub Type: Single Family
  • Roof:
  • Office Key: 61022
Features & Appliances
Features
  • Heating System: Forced air
  • Fireplace: Electric, Unknown
  • Parking: Rear
  • Exterior Features: Other
  • Sewer: Municipal sewage system
  • Fireplaces Total: 1
Address Map
  • Location: CA, British Columbia, Kelowna, V1Y4Z7
  • Street: Raymer
  • Street Number: 721
  • Street Suffix: Avenue
  • Longitude: W120° 30' 44.1''
  • Latitude: N49° 51' 54.7''
Additional Information
  • Water Source:
  • Community Features:
  • Lot Size Dimensions: 0.14
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5357.15
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Listing updated: 2026-04-29 19:48:28
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Listing Information
  • List Agent Key: 1637889
  • List Office Key: 61022
  • Modification Timestamp: 2026-04-29T19:05:56Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-04-29T19:03:15Z
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Listing updated: 2026-04-29 19:48:29
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