3854-3858 Truswell Rd - Commercial LAND FOR SALE


Kelowna, BC V1W 3L1 56,192 SF
$9,980,000 CAD
3854-3858 Truswell Rd, Kelowna, BC for Sale
$9,980,000 CAD
Commercial LAND - FOR SALE
1/6
56,192 SF

3854-3858 Truswell Rd
Kelowna, BC V1W 3L1


HIGHLIGHTS

  • 153 feet of frontage along Okanagan Lake, providing spectacular, unobstructed water views.
  • Located in the prominent Lower Mission neighborhood, close to renowned hotels, marinas, and beaches.
  • Surrounded by successful residential and mixed-use developments achieving strong market absorption.
  • Flexible VC1 zoning in the Cook Truswell Village Centre Area supports mixed-use configurations.
  • Immediate access to the Okanagan Lake tourism corridor, enhancing appeal for high-density development.
  • Excellent proximity to Downtown Kelowna, major roadways, and regional attractions, supporting long-term growth.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,980,000 CAD

PRICE/ACRE

$7,736,434/AC

PRICE/SF

$178 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Development Site Kelowna’s Waterfront

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo

LAND ACRES

1.29 AC

LAND SF

56,192 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

026-978-784,027-045-773

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