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721 Raymer Avenue
Kelowna South Kelowna V1Y 4Z7

$1,562,500
Single Family beds: 4 baths: 2.0 1,987 sq. ft. built: 1973

Main Photo: 721 Raymer Avenue, Kelowna
Photo 1: 721 Raymer Avenue, Kelowna
Photo 2: 721 Raymer Avenue, Kelowna
Photo 3: 721 Raymer Avenue, Kelowna
Photo 4: 721 Raymer Avenue, Kelowna
Status:
Active
Prop. Type:
Single Family
MLS® Num:
10385351
Bedrooms:
4
Bathrooms:
2
Year Built:
1973
Exceptional land assembly opportunity in the heart of Kelowna’s Pandosy Urban Centre, encompassing 2815 Richter Street, 731 & 721 Raymer Avenue. Together, these parcels form a substantial development site within the UC5 zoning, a designation that supports vibrant mixed-use residential and commercial development in one of the city’s most desirable growth corridors. The UC5 zone allows for up to 6 stories of height, 2.05 FAR base density, and an additional bonus density up to 2.35 FAR when delivering purpose-built rental or attainable housing—unlocking significant build potential. Buyer to verify with city. This flexible zoning supports apartments, townhomes, and mixed-use forms, ideally suited for transit-oriented development within walking distance to Kelowna General Hospital, Okanagan College, and Pandosy Village shops, cafes, and restaurants. The site’s strategic location places future residents minutes from the Lake Okanagan waterfront, Gyro Beach, top-rated schools, and major transit routes—making it a rare opportunity for developers seeking high-demand infill in a dynamic, amenity-rich district. All three properties must be sold together with total asking price of $5 Million. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,987 sq. ft.
Taxes:
$5,357.15 / -
Community:
Kelowna South
Exterior Features:
Other
Community Features:
Pets not Allowed
Structure Type:
House
Bedrooms:
4
Bathrooms:
2.0
Half Bathrooms:
0
Roof:
Asphalt shingle, Unknown
Fireplace:
Yes
Fireplaces:
1
Fireplace Type:
Electric, Unknown
Heating:
Forced air
Roof Style:
Asphalt shingle, Unknown
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
6,098 sq. ft.
Lot Details:
0.14
Parking:
Rear
Floor
Type
Size
Other
Main level
Bedroom
11'1" × 10'2"
-
Main level
Primary Bedroom
13'3" × 10'2"
-
Main level
Living room
20'1" × 15'9"
-
Main level
Dining nook
8'9" × 8'
-
Main level
Kitchen
11'1" × 8'8"
-
Basement
Kitchen
11'4" × 10'9"
-
Basement
Bedroom
12'9" × 11'2"
-
Basement
Bedroom
11'5" × 10'2"
-
Basement
Living room
19'11" × 15'5"
-
Floor
Ensuite
Pieces
Other
Main level
No
4
8'7" x 7'
Basement
No
3
11'8" x 5'4"
  • Photo 1: 721 Raymer Avenue, Kelowna
    Photo 1 of 4
  • Photo 2: 721 Raymer Avenue, Kelowna
    Photo 2 of 4
  • Photo 3: 721 Raymer Avenue, Kelowna
    Photo 3 of 4
  • Photo 4: 721 Raymer Avenue, Kelowna
    Photo 4 of 4
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated April 30, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
218
Avg list price:
$849,500
Min list price:
$160,000
Max list price:
$3,875,000
Avg days on market:
57
Min days on market:
1
Max days on market:
720
Avg price per sq.ft.:
$712.47
These statistics are generated based on the current listing's property type and located in Kelowna South. Average values are derived using median calculations. This data is not produced by the MLS® system.
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