368 Valley Rd - Residential LAND FOR SALE


Kelowna, BC V1V 0E5 32,670 SF
$4,300,000 CAD
250-717-7722
368 Valley Rd, Kelowna, BC for Sale
$4,300,000 CAD
Residential LAND - FOR SALE
1/1
32,670 SF

368 Valley Rd
Kelowna, BC V1V 0E5


HIGHLIGHTS

  • Reported VC1 zoning supports higher-density residential development.
  • Approximately 0.75-acre site in Kelowna's Glenmore neighbourhood.
  • Municipal water and sewer services are available to the property.
  • Electricity, natural gas, cable, and telephone services are at the lot line.
  • Located near schools, parks, medical services, and shopping amenities.
  • Convenient access to Downtown Kelowna and surrounding residential districts.

OVERVIEW

Prime Development Opportunity in Glenmore – Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city’s fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna’s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna’s long-term vision for increased residential density in well-connected urban locations.All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The site’s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna’s most established and desirable neighbourhoods. Opportunities like this are rare—secure your position in Glenmore’s future today.

FOR SALE DETAILS

PRICE

$4,300,000 CAD

PRICE/ACRE

$5,733,333/AC

PRICE/SF

$132 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.75 AC

LAND SF

32,670 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

VC1 – Village Centre 1

APN/PARCEL ID

010-606-726

ASK ABOUT THIS PROPERTY

Jeff ParkerRE/MAX KelownaMore Info
250-717-7722

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Jeff ParkerRE/MAX KelownaMore Info
250-717-7722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.