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2815 Richter Street, Kelowna

Property Description

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 storeys 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:47466)

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Full Address:
2815 Richter Street, Kelowna, British Columbia
Price:
$ 1,875,000
MLS Number:
10385424
List Date:
April 29th, 2026
Neighbourhood:
Kelowna South
Lot Size:
0.16 ac
Year Built:
1972
Taxes:
$ 6,422

Property Details

Bedrooms:
4
Bathrooms:
3
Flooring:
Mixed Flooring
Air Conditioning:
Central air conditioning
Heating:
See remarks
Fireplaces:
2
Fireplace Type:
Wood, Conventional
Basement:
Full

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Other
Ownership Type:
Freehold
Taxes:
$ 6,422

Building Features

Finished Area:
1296 sq.ft.

Floors

Lot Size:
0.16 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Steve Thompson
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Agent: Kamal SaranOffice: Century 21 Coastal Realty Ltd.

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