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: by generate rental revenue. 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:63400)
| MLS® Number | 10395654 |
| Property Type | Other |
| Neigbourhood | Kelowna South |
| Amenities Near By | Public Transit, Park, Recreation, Schools |
| Community Features | Family Oriented |
| Features | Level Lot |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Access Type | Easy Access |
| Acreage | No |
| Current Use | Mixed Use |
| Land Amenities | Public Transit, Park, Recreation, Schools |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 176 Ft |
| Size Irregular | 0.53 |
| Size Total | 0.53 Ac|under 1 Acre |
| Size Total Text | 0.53 Ac|under 1 Acre |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/30073372/2237-2243-2253-2257-richter-avenue-kelowna-kelowna-south
Clifford May