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Investment Highlights

  • Located in Kelowna’s Midtown Urban Centre, an active redevelopment corridor
  • 16,961-square-foot lot with approximately 121 feet of frontage on Ambrosi Road
  • Excellent access to Springfield Road, Harvey Avenue, transit, and urban amenities
  • Surrounded by multi-family and commercial projects, signaling strong growth potential

Executive Summary

Development opportunity in Kelowna’s Midtown Urban Centre. 16,961 sq ft lot with approximately 121 ft of frontage on Ambrosi Road, zoned UC3 – Midtown Urban Centre, allowing for a range of residential, mixed-use, and commercial development options subject to City of Kelowna approvals. The property is located within an active redevelopment corridor surrounded by multi-family and commercial projects, with convenient access to Springfield Rd, Harvey Ave, transit, and urban amenities. Existing home on site; property presents strong future redevelopment potential. Buyer to verify development potential with the City of Kelowna.

Property Facts

Price $3,050,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.39 AC
Zoning UC3 - Urban District

1 Lot Available

Lot

Price $3,050,000 CAD
Price Per AC $7,820,512.82 CAD
Lot Size 0.39 AC

0.39 acre of vacant redevelopment land for sale.

Description

The property at 1896 Ambrosi Road is a 0.39-acre parcel located in Kelowna’s Midtown Urban Centre. It is zoned UC3, which permits a variety of residential, mixed-use, and commercial uses subject to municipal approvals. The site is positioned within a redevelopment corridor and is in proximity to Springfield Road and Harvey Avenue, providing connectivity to major routes and public transit. The surrounding area includes multi-family and commercial developments, indicating ongoing urban growth.

Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 39891515

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 1896 Ambrosi Rd, Kelowna, BC V1Y 4R9

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