975 Academy Way - Commercial LAND FOR SALE


Kelowna, BC V1V 3C8 37,462 SF
$1,999,900 CAD

NO PHOTO

$1,999,900 CAD
Commercial LAND - FOR SALE
37,462 SF

975 Academy Way
Kelowna, BC V1V 3C8


HIGHLIGHTS

  • DP-approved mixed-use development site in Kelowna’s University District.
  • Planned for 21 residential units and 3 retail spaces totaling 26,460 SF.
  • Walking distance to UBC Okanagan campus and Aberdeen Hall School.
  • Proposed parking includes 36 stalls and 21 bicycle spaces.
  • Strong demand drivers from nearby academic and residential growth.

OVERVIEW

This DP-approved development site offers a rare opportunity in Kelowna’s thriving University District. Positioned directly across from Aberdeen Hall School and within walking distance to the University of British Columbia Okanagan campus, the property is ideally suited for a mixed-use project that combines residential and retail components. The approved plan includes 24 units—21 residential and 3 commercial retail spaces—encompassing a total gross floor area of 26,460 square feet. The residential mix features spacious three- and four-bedroom layouts across four levels, creating a strong appeal for student housing and family accommodations. The ground floor retail units provide an excellent platform for neighborhood-serving businesses, enhancing convenience and walkability. With 36 proposed vehicle parking stalls and 21 bicycle spaces, the design supports modern mobility needs. Kelowna’s University District continues to experience robust growth, driven by academic institutions and expanding residential communities. This site’s proximity to major educational facilities, combined with its approved development permit, positions it as a turnkey solution for developers seeking to capitalize on demand in one of the city’s most dynamic corridors.

FOR SALE DETAILS

PRICE

$1,999,900 CAD

PRICE/ACRE

$2,325,465/AC

PRICE/SF

$53 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family

LAND ACRES

0.86 AC

LAND SF

37,462 SF

OFFSITE IMPROVEMENTS

-

ZONING

C3

APN/PARCEL ID

028-789-580

ASK ABOUT THIS PROPERTY

Gary Judge, CCIMRealty MonxMore Info

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

Gary Judge, CCIMRealty MonxMore Info

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