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285 Rutland Rd N
Kelowna, BC V1X 3B1
Land For Sale
·
0.41 AC
Investment Highlights
- Minutes from UBC Okanagan, Kelowna International Airport, shopping, schools, and parks.
- Features dual access with Rutland Road N frontage and rear lane access for efficient site planning.
- Positioned directly beside the Rutland Transit Exchange, enabling strong transit-oriented design.
- Located within a key growth corridor identified in the City of Kelowna’s Official Community Plan.
Executive Summary
This offering represents a rare chance to acquire a 0.41-acre land assembly within Kelowna’s Rutland Urban Centre, one of the city’s designated growth corridors. The UC4 zoning allows for high-density mixed-use or multi-family development aligned with the City of Kelowna’s Official Community Plan.
With an estimated FAR of 2.25 (buyer to confirm), the property affords substantial buildable density and efficiency. Its location adjacent to the Rutland Transit Exchange offers unmatched transit-oriented development potential, enhanced further by exceptional walkability and proximity to civic and retail amenities. Immediate access to shopping, restaurants, parks, and key arterial routes ensures connectivity throughout Kelowna.
This site benefits from dual access via Rutland Road N frontage and rear lane ingress, streamlining future planning and design flexibility. Current income from existing tenants provides holding power during entitlement or design phases. Situated minutes from UBC Okanagan and Kelowna International Airport, and within a rapidly evolving urban node, this assembly stands out as a highly scalable development opportunity.
With an estimated FAR of 2.25 (buyer to confirm), the property affords substantial buildable density and efficiency. Its location adjacent to the Rutland Transit Exchange offers unmatched transit-oriented development potential, enhanced further by exceptional walkability and proximity to civic and retail amenities. Immediate access to shopping, restaurants, parks, and key arterial routes ensures connectivity throughout Kelowna.
This site benefits from dual access via Rutland Road N frontage and rear lane ingress, streamlining future planning and design flexibility. Current income from existing tenants provides holding power during entitlement or design phases. Situated minutes from UBC Okanagan and Kelowna International Airport, and within a rapidly evolving urban node, this assembly stands out as a highly scalable development opportunity.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | ||
| Zoning | UC4 - Urban Centre | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.41 AC |
| Zoning | UC4 - Urban Centre |
1 Lot Available
Lot
| Price | $1,999,800 CAD | Lot Size | 0.41 AC |
| Price Per AC | $4,877,560.98 CAD |
| Price | $1,999,800 CAD |
| Price Per AC | $4,877,560.98 CAD |
| Lot Size | 0.41 AC |
Two lots for sale.
Description
The property consists of two contiguous parcels along Rutland Road N totaling approximately 0.41 acres. The site lies adjacent to the Rutland Transit Exchange and is within the Rutland Urban Centre, a designated growth corridor under Kelowna’s OCP. Zoning UC4 permits mixed-use and multi-family development. The site is accessible from both Rutland Road N and a rear lane. It is near major amenities such as UBC Okanagan, Kelowna International Airport, retail centers, schools, and parks.
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