2237, 2243, 2253, 2257 Richter Street, Kelowna, British Columbia

$5,896,968

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0.53

Acres

About 2237, 2243, 2253, 2257 Richter Street

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 generating 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:6289)

Features of 2237, 2243, 2253, 2257 Richter Street

Listing # 10395654
Price $5,896,968
Acres 0.53
Type Retail
Sub-Type Freehold

Community Information

Address 2237, 2243, 2253, 2257 Richter Street
Subdivision Kelowna South
City Kelowna
Province British Columbia
Postal Code V1Y2N9

Amenities

Utilities Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Features Level lot
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 0.53

Listing Details

OfficeRealty One Real Estate Ltd

Listing Map

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