2110 Vasile Rd 0.34 Acres of Residential Land Offered at $2,665,800 CAD in Kelowna, BC V1Y 6H5

This 0.34-acre development site is located in the heart of Kelowna’s Midtown Urban Centre, one of the city’s most dynamic growth areas. Zoned UC3, the property offers significant redevelopment potential with allowances for up to six stories and an 85% building footprint. Its strategic position directly beside Orchard Plaza Shopping Center and just off Highway 97 ensures exceptional visibility and connectivity to major retail, dining, and service amenities.
The site is surrounded by ongoing and planned high-density projects, including a six-story residential development with 160 units and 102 parking stalls directly behind the property, underscoring the area’s strong demand for mixed-use and multifamily development. Existing improvements include a home with two rental suites, providing holding income during the planning phase.
This property represents a rare opportunity to secure a well-located parcel in Kelowna’s primary commercial corridor, ideal for developers and investors seeking to capitalize on the city’s sustained population growth and urban intensification initiatives. Buyers are responsible for confirming all zoning and development details with the City of Kelowna.