2855 Bouvette Street is part of a rare UC5 land assembly in one of Kelowna's most active redevelopment corridors, with several properties located within the Okanagan College Transit Oriented Area (TOA) and the balance along a designated Transit Supportive Corridor. The broader assembly is approximately 4 acres, offering significant scale for mixed-use or purpose-built rental development in a high-demand location. Indicative pricing is expected in the range of $169-$199 per land sq ft depending on configuration, timing and overall acquisition scope. UC5 zoning supports up to 6-storey development, with density varying by location and potential for increased yield through bonus provisions. Based on a blended scenario, the assembly may support approximately 350,000 sq ft buildable with potential upside to approximately 435,000+ sq ft (buyer to verify). Flat, efficient site with strong frontage along Gordon Drive and multiple access points via Bouvette St and Lowe Ct, supporting practical site planning and construction. Walkable to transit, Okanagan College, schools, shopping, beaches, Kelowna General Hospital and key amenities, reinforcing long-term rental and mixed-use viability. Property may be acquired individually or assembled. Some properties not listed. Buyers to verify all development potential and intended use. (id:13843)
| MLS # | 10382817 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1983 |
| Days On Site | 173 |
| Listing Provided By | Coldwell Banker Horizon Realty | Stephanie Gilchrist |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,989 |
| Story(s) | 1 |
| Acreage | 0.14 |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave |
| Fireplace Yes / No | No |
| Security Features | Smoke Detector Only |
|---|---|
| Roof | Asphalt shingle, Unknown |
| Parking Features | Street |
|---|---|
| Parking Total | 6 |
| Utilities | Water, Sewer, Natural Gas, Electricity, Cable, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 4353.59 |
|---|
| Province | BC |
|---|---|
| City | Kelowna |
| Postal Code | V1Y3K5 |
| Listing VS Median (in V1Y3K5) | |
Price: $1,051,974 low | high Med: $1,239,761 sqft: 1,989 low | high Med: 1,139 $ / sqft: $529 low | high Med: $1,088 On site: 173 low | high Med: 175 | |
| Province | BC |
|---|---|
| City | Kelowna |
| Postal Code | V1Y3K5 |
| Listing VS Median (in V1Y3K5) | |
Price: $1,051,974 low | high Med: $1,239,761 sqft: 1,989 low | high Med: 1,139 $ / sqft: $529 low | high Med: $1,088 On site: 173 low | high Med: 175 | |
![]() | $1,251,4792840 Gordon DriveKelowna, BC V1W3R3 |
![]() | $1,286,5452896 Gordon DriveKelowna, BC V1W3R3 |
![]() | $1,207,3092900 Gordon DriveKelowna, BC V1W3R3 |
![]() | $1,239,7612913 Bouvette StreetKelowna, BC V1Y3K5 |
![]() | $925,0001198 Raymer AvenueKelowna, BC V1Y5A1 |