PRIME DEVELOPMENT: Opportunity in Westbank Urban Centre – Commercial Core (Area B) ATTENTION: Developers & Investors — secure a pivotal property in the rapidly evolving Westbank Urban Centre – Commercial Core Area B, recently designated under the new Official Community Plan (OCP). This well-located lot offers outstanding future potential in one of West Kelowna’s most strategic growth areas. FUTURE LAND USE: This 0.172-acre (696.06 sqm) site is currently zoned RC1 (Compact Residential) with an OCP designation of WUC-CC (Westbank Urban Centre – Commercial Core). Proposed OCP updates suggest potential for mixed-use development up to 15 storeys — ideal for developers targeting density and urban integration. RENT: The existing three-bedroom, one-bathroom home is well maintained and generates $2,500/month in rental income, making it a strong holding property while you plan redevelopment. HIGHLIGHTS: Prime location close to schools, restaurants, transit, golf, Superstore & Johnson Bentley Rec Centre Strong rental income in place: $2,500/month + Utilities Potential for high-rise, mixed-use development under new OCP guidelines Buyer to verify development potential as zoning and density bylaws are being finalized SECURE your position in West Kelowna’s future growth core today. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,250 sq. ft.116 m2
Zoning:
Unknown
Taxes:
$2,340.3 /
-
Community:
Westbank Centre
Exterior Features:
Vinyl siding
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Data was last updated May 20, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
248
Avg list price:
$1,048,950
Min list price:
$99,000
Max list price:
$3,700,000
Avg days on market:
62
Min days on market:
4
Max days on market:
361
Avg price per sq.ft.:
$476.48
These statistics are generated based on the current listing's property type
and located in
Westbank Centre. Average values are
derived using median calculations.
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