Description
2997 Lowe Court 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)
Details
| MLS # | 10385934 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1988 |
| Days On Site | 179 |
| Listing Provided By | Coldwell Banker Horizon Realty | Stephanie Gilchrist |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,058 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.17 |
Interior
| Cooling | Heat Pump |
|---|---|
| Heating | Heat Pump |
| Appliances | Refrigerator, Range - Electric, Dishwasher, Washer/Dryer Stack-Up |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt shingle, Unknown |
|---|
Parking
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4602.94 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Kelowna |
| Postal Code | V1Y8L3 |
| Listing VS Median (in V1Y8L3) | |
Price: $1,551,650 low | high Med: $1,321,632 sqft: 2,058 low | high Med: 2,092 $ / sqft: $754 low | high Med: $634 On site: 179 low | high Med: 178.5 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Kelowna |
| Postal Code | V1Y8L3 |
| Listing VS Median (in V1Y8L3) | |
Price: $1,551,650 low | high Med: $1,321,632 sqft: 2,058 low | high Med: 2,092 $ / sqft: $754 low | high Med: $634 On site: 179 low | high Med: 178.5 | |
 | $1,400,0002909 Bouvette StreetKelowna, BC V1Y3K5 |
 | $1,852,3892910 Gordon DriveKelowna, BC V1W3R3 |
 | $1,207,3092900 Gordon DriveKelowna, BC V1W3R3 |
 | $1,286,5452896 Gordon DriveKelowna, BC V1W3R3 |
 | $1,619,5602890 Gordon DriveKelowna, BC V1W3R3 |