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2855 Bouvette Street, 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: 2855 Bouvette St is in PHASE 3 and there is the option to purchase PHASE 3 only, up to 1.498 acres or 65,252.88 sq ft. At 1.8 FAR, there is a potential 117,455.18 sellable sq ft and up to 150,081.62 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $12,724,500 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:
2855 Bouvette Street, Kelowna, British Columbia
Price:
$ 1,172,200
MLS Number:
10346375
List Date:
May 5th, 2025
Neighbourhood:
Kelowna South
Lot Size:
0.14 ac
Year Built:
1983
Taxes:
$ 4,336

Property Details

Bedrooms:
3
Bathrooms:
2
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Flooring:
Carpeted, Wood
Heating:
Baseboard heaters, Electric

Interior Features

Architectural Style:
Other
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco, Cedar Siding
Garage:
Street
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 4,336

Building Features

Finished Area:
1989 sq.ft.

Floors

Lot Size:
0.14 ac

Land

Neighbourhood Features

Ratings

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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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2855 Bouvette Street, 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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