LAND ASSEMBLY (Development is supported by the city) 4 separate titles – MLS 10341904 Unit #2, 1077 Clement Avenue .08 Acres Priced at 898,000 MLS 10341758 Unit #1, 1077 CLEMENT, .08 Acres Priced at 675,000 MLS 10343693 – 1089,1095 & 1097 Clement Avenue .46 Acres Priced at 3,900,000 Total Acres .62 Acres Total Price 5,473,000 Visionary Urban Development Starts Here Unlock the potential of one of Kelowna’s most coveted development opportunities with this rare land assembly along the high-demand Clement Avenue corridor. Spanning a combined 0.62 acres, this premium site offers endless potential in a neighborhood poised for remarkable growth and urban transformation. Currently zoned MF-1, this property supports a range of housing types including infill townhomes, ground-oriented units, and low-rise apartment buildings. However, the real magic lies in the potential for rezoning to MF-3—a designation that could open the door to higher-density development, including apartment buildings up to 6 storeys with a base FAR of 1.8, expandable to 2.5 in transit-oriented areas (buyer to verify with the City of Kelowna). Set within a transit-supportive corridor, this location is an urban planner’s dream. Just steps from Okanagan Lake and surrounded by the vibrant energy of downtown Kelowna, future residents will enjoy world-class amenities: trend-setting restaurants, boutique shopping, wine bars, breweries, and exceptional public transportation. (id:8860)