V1W Land Properties for Sale

V1W Land for Sale

1249-1269 K. L. O Rd

Kelowna, BC V1W 3N7

Land for Sale
$2,000,000 - $6,000,000 CAD
0.53 - 0.97 AC Lots

Kelowna Land for Sale

This offering presents a rare opportunity to acquire a two-lot assembly totaling approximately 1.5 acres in South Kelowna, within one block of Okanagan College. The site benefits from an OCP “Core Neighbourhood” designation, supporting higher-density redevelopment with a base FAR of 1.8 and potential for up to six stories. Located along K.L.O. Road, a designated Transit Supportive Corridor, the property is ideally positioned for mixed-use or multi-residential development. The surrounding area is a vibrant and growing community hub, with immediate proximity to Okanagan College, K.L.O. Middle School, Kelowna Secondary School, and the popular Pandosy Village retail district. Kelowna General Hospital and Downtown Kelowna are just minutes away, enhancing the site’s appeal for residential and commercial uses. Utilities include municipal water and sewer services, and a preliminary analysis by Lime Architecture along with a topographic survey is available to support planning and design. This is a compelling infill development opportunity in one of Kelowna’s most desirable urban corridors, offering strong connectivity, established amenities, and long-term growth potential.

Contact:

Royal LePage Kelowna

Property Subtype:

Residential

Date on Market:

2026-03-24

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More details for 3854-3858 Truswell Rd, Kelowna, BC - Land for Sale

Prime Development Site Kelowna’s Waterfront - 3854-3858 Truswell Rd

Kelowna, BC V1W 3L1

Land for Sale
$9,980,000 CAD
1.29 AC Lot

Kelowna Land for Sale

This exceptional lakefront property presents a rare chance to secure one of Kelowna’s last premier waterfront development opportunities. Spanning approximately 1.295 acres with 153 feet of frontage on Okanagan Lake, the site is positioned in one of the region’s most sought-after Lower Mission neighborhoods. Surrounded by high-end residential projects and luxury hospitality destinations, the property offers extensive redevelopment potential with zoning for a variety of uses including residential, commercial, and mixed-use environments. 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.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2026-05-18

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Land Properties for Sale Within 5 kilometers of V1W

2835 Richter St

Kelowna, BC V1Y 2R7

Land for Sale
$1,704,162 CAD
0.16 AC Lot

Kelowna Land for Sale

Investment property or redevelopment. Great investment holding property. Prime urban redevelopment opportunity in one of Kelowna’s most active growth corridors. Zoned UC5 (Pandosy Urban Centre), this property supports higher-density residential and mixed-use development in a vibrant, walkable neighbourhood. Ideally suited for a 5-unit townhome project with commercial at street level, offering strong exposure. Located just steps to Mission Park Shopping Centre, Okanagan College, Raymer Elementary, Kelowna Secondary, and KLO Middle School. Minutes from the waterfront and popular amenities including Gyro Beach, Kinsmen Park, Abbott Park, and Pandosy Waterfront Park. Surrounded by transit, schools, beaches, and employment hubs, this is a rare opportunity to secure a strategically positioned site in one of Kelowna’s most desirable and rapidly evolving urban centres. Rendering for illustrative purposes.