73,442 ft²Multifamily / OtherContactSale
73,442 ft²
Multifamily / Other
Sale
Shelby Kostyshen
William Wright Commercial Kelowna
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1402 Cara Glen Court presents a rare opportunity to acquire a fully entitled, purpose-built rental apartment development site in Kelowna’s highly desirable Glenmore neighbourhood. The 1.69acre property is located just off Clifton Road at the base of Knox Mountain, offering proximity to downtown Kelowna, schools, parks, and Landmark District. Zoning and Development Permit approvals are in place for a 108unit rental apartment building comprising approximately 73,442 square feet of net rentable area at a density of 1.1 FAR. The site benefits from MF3r zoning, underground parking, completed geotechnical and environmental studies; significantly de-risking the development process. The property will be delivered graded f lat, allowing a purchaser to move efficiently toward construction. The price has been significantly reduced, making it one of the best purchase opportunities in the region. This offering represents a compelling opportunity to deliver residential housing in one of the most sought after locations in Kelowna.
The Space
Available Space73,442 ft²
ZoningMF3r
SourceDirect
Open Plan
Transit Friendly
The Building
1402 Cara Glen Court presents a rare opportunity to acquire a fully entitled, purpose-built rental apartment development site in Kelowna’s highly desirable Glenmore neighbourhood. The 1.69acre property is located just off Clifton Road at the base of Knox Mountain, offering proximity to downtown Kelowna, schools, parks, and Landmark District. Zoning and Development Permit approvals are in place for a 108unit rental apartment building comprising approximately 73,442 square feet of net rentable area at a density of 1.1 FAR. The site benefits from MF3r zoning, underground parking, completed geotechnical and environmental studies; significantly de-risking the development process. The property will be delivered graded f lat, allowing a purchaser to move efficiently toward construction. The price has been significantly reduced, making it one of the best purchase opportunities in the region. This offering represents a compelling opportunity to deliver residential housing in one of the most sought after locations in Kelowna.
Property TypeMultifamily
Lot Size73,442 ft²
ZoningMF3r
Additional Listings at 1402 Cara Glen Court, Kelowna, BC
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Price
Size
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Sale
Building
Contact for pricing
1.89 AC
Land
Up to $500K for British Columbia businesses
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