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2997 Lowe Court, Kelowna

Property Description

NEW USE and ZONING change to UC5 for this Colossal Development Opportunity! With PHASE 1 in the OKANAGAN COLLEGE TOA (Transit Oriented Area), PHASES 2 and 3 on a TRANSIT SUPPORTIVE CORRIDOR, this LAND ASSEMBLY offers a total potential of 4.331 acres or 188,658.36 sq ft of land! Each phase is now UC5, allowing 6 storey mixed use. The total Assembly has a combined FAR of 380,017.44 sellable sq ft and up to 474,346.62 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $37,694,225 PLS NOTE: 2997 Lowe Court is in PHASE 1 and there is the option to purchase PHASE 1 only, up to 1.326 acres or 57,760.56 sq ft. At 2.5 FAR, there is a potential 144,401.40 sellable sq ft and up to 173,281.38 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $12,072,000 Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Flat site, easy to build, with exceptional exposure on Gordon Dr and excellent access off Bouvette St and Lowe Ct. Buyers to do own due diligence on intended use, both municipally and provincially. Some lots not listed. (id:43014)

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Full Address:
2997 Lowe Court, Kelowna, British Columbia
Price:
$ 1,629,625
MLS Number:
10343721
List Date:
May 1st, 2025
Neighbourhood:
Kelowna South
Lot Size:
0.17 ac
Year Built:
1988
Taxes:
$ 4,552

Property Details

Bedrooms:
6
Bathrooms:
3
Appliances:
Refrigerator, Range - Electric, Dishwasher, Washer/Dryer Stack-Up
Air Conditioning:
Heat Pump
Heating:
Heat Pump
Basement:
Full

Interior Features

Architectural Style:
Other
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Garage:
Detached Garage
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 4,552

Building Features

Finished Area:
2058 sq.ft.

Floors

Lot Size:
0.17 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Ellen ChurchillOffice: Coldwell Banker Horizon Realty

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NEW USE and ZONING change to UC5 for this Colossal Development Opportunity! With PHASE 1 in the OKANAGAN COLLEGE TOA (Transit Oriented Area), PHASES 2 and 3 on a TRANSIT SUPPORTIVE CORRIDOR, this LAND ASSEMBLY offers a total potential of 4.331 acres or 188,658.36 sq ft of land! Each phase is now UC5, allowing 6 […]
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2997 Lowe Court, Kelowna

Kelowna South

Central location, inviting atmosphere, and a variety of real estate options make Kelowna South one of the most sought-after neighbourhoods in all of Kelowna. Beaches, greenspaces, restaurants, entertainment, schools, you name it and you can find it in this historic Kelowna Neighbourhood, usually within walking distance!

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