Exceptional land assembly opportunity in Kelowna’s sought-after Pandosy Urban Centre: 2815 Richter Street, 731 Raymer Avenue, and 721 Raymer Avenue. Combined, these three properties create a prime development site zoned UC5, allowing for mixed-use residential and commercial development in one of Kelowna’s fastest-growing corridors. UC5 zoning permits up to 6 storeys, with a base density of 2.05 FAR and bonus density up to 2.35 FAR for purpose-built rental or attainable housing (buyer to verify with the City). Ideal for apartments, townhomes, or mixed-use projects including commercial along Richter Street. Located within walking distance to Kelowna General Hospital, Okanagan College, Pandosy Village, shops, cafes, restaurants, transit, Lake Okanagan, and Gyro Beach. All three properties must be sold together. Total asking price: $5,000,000. (id:2493)
Data was last updated April 30, 2026 at 01:15 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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