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731 Raymer Avenue, Kelowna

Property Description

Exceptional land assembly opportunity in Kelowna’s sought-after Pandosy Urban Centre: 2815 Richter Street, 731 Raymer Avenue, and 721 Raymer Avenue. Combined, these three properties create a prime development site zoned UC5, allowing for mixed-use residential and commercial development in one of Kelowna’s fastest-growing corridors. UC5 zoning permits up to 6 storeys, with a base density of 2.05 FAR and bonus density up to 2.35 FAR for purpose-built rental or attainable housing (buyer to verify with the City). Ideal for apartments, townhomes, or mixed-use projects including commercial along Richter Street. Located within walking distance to Kelowna General Hospital, Okanagan College, Pandosy Village, shops, cafes, restaurants, transit, Lake Okanagan, and Gyro Beach. All three properties must be sold together. Total asking price: $5,000,000. (id:43014)

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Full Address:
731 Raymer Avenue, Kelowna, British Columbia
Price:
$ 1,562,500
MLS Number:
10385390
List Date:
April 29th, 2026
Neighbourhood:
Kelowna South
Lot Size:
0.14 ac
Year Built:
1973
Taxes:
$ 5,357

Property Details

Bedrooms:
5
Bathrooms:
2
Heating:
Forced air, See remarks

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Garage:
Rear
Ownership Type:
Freehold
Taxes:
$ 5,357

Building Features

Finished Area:
2080 sq.ft.

Floors

Lot Size:
0.14 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Kamal SaranOffice: Century 21 Coastal Realty Ltd.

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Exceptional land assembly opportunity in Kelowna’s sought-after Pandosy Urban Centre: 2815 Richter Street, 731 Raymer Avenue, and 721 Raymer Avenue. Combined, these three properties create a prime development site zoned UC5, allowing for mixed-use residential and commercial development in one of Kelowna’s fastest-growing corridors. UC5 zoning permits up to 6 storeys, with a base density […]
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731 Raymer Avenue, 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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