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Investment Highlights

  • This site stands within walking distance of the soon-to-be-completed Parkinson Recreation Centre and minutes from downtown amenities, cultural attract
  • Walking distance to the new Parkinson Recreation Centre and minutes from downtown Kelowna.
  • Strong long-term demand drivers fueled by Kelowna’s population and economic growth trajectory.
  • Flat 0.21-acre lot ideal for redevelopment and efficient building design.
  • Excellent connectivity to public transit and main arterial roads serving the Glenmore area.

Executive Summary

Located along the Bernard Avenue Transit Supportive Corridor, the property is zoned to allow for multi-unit residential, mixed-use, or apartment development. Its flat lot configuration simplifies planning and construction, making it a compelling choice for developers seeking entry into Kelowna’s vibrant and rapidly evolving urban core.

Property Facts

Price $2,360,184 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.21 AC

1 Lot Available

Lot

Price $2,360,184 CAD
Price Per AC $11,238,971.43 CAD
Lot Size 0.21 AC

Prime development opportunity situated along the Bernard Avenue Transit Supportive Corridor (TSC), this property offers exceptional potential for apartment development under current zoning guidelines.

Description

This site stands within walking distance of the soon-to-be-completed Parkinson Recreation Centre and minutes from downtown amenities, cultural attractions, and waterfront access. Situated in a transit-oriented node, this address benefits from strong connectivity to major routes, public transit options, and the surrounding Glenmore neighborhood, an area noted for active redevelopment and urban density growth.

Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 40391246

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1421 Cherry Cres E, Kelowna, BC V1Y 3Y2

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