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1220 K.L.O Road, Kelowna

Property Description

STRATEGIC LAND ASSEMBLY OPPORTUNITY IN KELOWNA'S KLO CORRIDOR Rare opportunity to acquire a strategically positioned parcel within a three- or four-property land assembly located in Kelowna's rapidly evolving KLO Road corridor. Situated within a designated Transit Supportive Corridor, 1220 KLO Road forms part of a broader redevelopment opportunity that includes neighbouring properties with Council-approved MF3 rezonings. City planning discussions have indicated support for extending a similar redevelopment framework across the balance of the assembly (buyer to independently verify). A preliminary concept package is available outlining a potential six-storey, 79-unit multi-family development currently achieving approximately 2.05 FAR, with potential for increased density through available incentives and design optimization (buyer to verify) up to a 2.305 FAR. The vendor's pricing objective is based on $79 per buildable square foot, calculated on approved density achieved through the development process. The advertised list price should be considered indicative only and subject to adjustment based on final approved buildable area. location - The assembly benefits from proximity to transit, schools, shopping, employment centres, parks, and major transportation routes. Serious developer inquiries only. Preliminary concepts and assembly information available upon request. (id:47466)

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Full Address:
1220 K.L.O Road, Kelowna, British Columbia
Price:
$ 2,488,000
MLS Number:
10392834
List Date:
July 15th, 2026
Neighbourhood:
Kelowna South
Lot Size:
0.36 ac
Year Built:
1968
Taxes:
$ 3,151

Property Details

Bedrooms:
1
Bathrooms:
2
Air Conditioning:
Central air conditioning
Heating:
Baseboard heaters

Interior Features

Architectural Style:
Contemporary
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Carport
Ownership Type:
Freehold
Taxes:
$ 3,151

Building Features

Finished Area:
1187 sq.ft.

Floors

Lot Size:
0.36 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Steve Thompson
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Agent: Chris KotschaOffice: Century 21 Assurance Realty Ltd

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