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3854-3858 Truswell Rd - Prime Development Site Kelowna’s Waterfront 1.29 Acres of Commercial Land Offered at $9,980,000 CAD in Kelowna, BC V1W 3L1
Investment Highlights
- 153 feet of frontage along Okanagan Lake, providing spectacular, unobstructed water views.
- Surrounded by successful residential and mixed-use developments achieving strong market absorption.
- Immediate access to the Okanagan Lake tourism corridor, enhancing appeal for high-density development.
- Located in the prominent Lower Mission neighborhood, close to renowned hotels, marinas, and beaches.
- Flexible VC1 zoning in the Cook Truswell Village Centre Area supports mixed-use configurations.
- Excellent proximity to Downtown Kelowna, major roadways, and regional attractions, supporting long-term growth.
Executive Summary
Strategically situated within the Okanagan Lake tourism corridor, the site capitalizes on Kelowna’s ongoing population growth, driven by strong inter- and intra-provincial migration. It benefits from proximity to award-winning resorts, marinas, and waterfront recreation areas, providing an unmatched lifestyle experience for future residents and visitors. The location is within easy reach of Downtown Kelowna, Kelowna International Airport, and UBC Okanagan campus, ensuring robust connectivity and demand drivers.
Offered for sale by court order, this property represents an extraordinary investment opportunity to create a landmark destination blending waterfront residences, retail, hospitality, and community amenities in a high-demand growth market.
Property Facts
| Price | $9,980,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Court Appointed Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.29 AC |
| Price | $9,980,000 CAD |
| Sale Type | Investment |
| Sale Condition | Court Appointed Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.29 AC |
1 Lot Available
Lot
| Price | $9,980,000 CAD | Lot Size | 1.29 AC |
| Price Per AC | $7,736,434.11 CAD |
| Price | $9,980,000 CAD |
| Price Per AC | $7,736,434.11 CAD |
| Lot Size | 1.29 AC |
Prime Development Site on Kelowna’s Waterfront. 153 feet of frontage on Okanagan Lake
Description
3854 & 3858 Truswell Road, Kelowna, BC comprises two contiguous parcels totaling approximately 1.295 acres with direct waterfront frontage on Okanagan Lake. The properties are zoned VC1 within the Cook Truswell Village Centre Area, permitting a mix of uses. The site is situated within the Lower Mission neighborhood and is adjacent to other residential and mixed-use projects. Kelowna is a major city in the Okanagan Valley and has a growing population supported by diverse sectors including tourism, education, construction, and technology. The site has frontage on Truswell Road with connectivity to downtown Kelowna and the Kelowna International Airport.
Presented by
3854-3858 Truswell Rd - Prime Development Site Kelowna’s Waterfront
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