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675 Black Mountain Dr 2.6 Acres of Commercial Land Offered at $4,990,000 CAD in Kelowna, BC V1P 0A7
INVESTMENT HIGHLIGHTS
- Access to recreation: Golfing, hiking, biking trails, and parks
- Convenient Connection: Easy access to Highway 33, linking to UBC Okanagan and the airport
- +/- $87K per unit
- Close proximity schools
- Steady population growth
- 128 parking stalls
EXECUTIVE SUMMARY
This rare offering presents a unique opportunity to acquire a fantastic townhome development site in one of Kelowna's most desirable suburban areas. With a proposed 57-unit layout and 98,629 sq ft of building area, the site is perfectly suited for a residential community tailored to both families, young professionals and retirees. The surrounding area is characterized by scenic views, recreational amenities, and steady population growth - an ideal combination for a successful residential project. The site is priced to sell at only +/- $87K per unit which makes it one of the best value buys in Kelowna.
PROPERTY FACTS
| Price | $4,990,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.60 AC |
| Property Type | Land | ||
| Zoning | MF2 | ||
| Price | $4,990,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.60 AC |
| Zoning | MF2 |
1 LOT AVAILABLE
Lot
| Price | $4,990,000 CAD | Lot Size | 2.60 AC |
| Price Per AC | $1,919,230.77 CAD |
| Price | $4,990,000 CAD |
| Price Per AC | $1,919,230.77 CAD |
| Lot Size | 2.60 AC |
PRICE REDUCTION!!! Lot size +/- 11,0338 - 2.6 acres Current Zoning MF2 PID 027-566-501 Legal Description Lot 3, plan kap87003, section 19, township 27, osoyoos div of yale land district
DESCRIPTION
Nestled in the scenic hills of East Kelowna, 675 Black Mountain Drive sits at the heart of the Black Mountain community - one of the city's fastest growing residential neighborhoods. This vibrant and family - orientated area offers an ideal setting for new residential development, blending peaceful natural surroundings with convenient urban access. The property is located directly across to the Black Mountain Golf Club, offering picturesque views and a resort-like atmosphere that enhances its appeal to potential homeowners. With it's elevated setting, residents will enjoy outstanding views, while remaining just 18-minute drive to Downtown Kelowna and Kelowna International Airport.
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675 Black Mountain Dr
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