PRIME DEVELOPMENT: Opportunity in Westbank Urban Centre – Commercial Core (Area B) ATTENTION: Developers & Investors — secure a pivotal property in the rapidly evolving Westbank Urban Centre – Commercial Core Area B, recently designated under the new Official Community Plan (OCP). This well-located lot offers outstanding future potential in one of West Kelowna’s most strategic growth areas. FUTURE LAND USE: This 0.172-acre (696.06 sqm) site is currently zoned RC1 (Compact Residential) with an OCP designation of WUC-CC (Westbank Urban Centre – Commercial Core). Proposed OCP updates suggest potential for mixed-use development up to 15 storeys — ideal for developers targeting density and urban integration. RENT: The existing three-bedroom, one-bathroom home is well maintained and generates $2,500/month in rental income, making it a strong holding property while you plan redevelopment. HIGHLIGHTS: Prime location close to schools, restaurants, transit, golf, Superstore & Johnson Bentley Rec Centre Strong rental income in place: $2,500/month + Utilities Potential for high-rise, mixed-use development under new OCP guidelines Buyer to verify development potential as zoning and density bylaws are being finalized SECURE your position in West Kelowna’s future growth core today. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,250 sq. ft.116 m2
Taxes:
$2,340.3 /
-
Community:
Westbank Centre
Exterior Features:
Vinyl siding
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Data was last updated December 7, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
212
Avg list price:
$584,950
Min list price:
$75,000
Max list price:
$4,895,000
Avg days on market:
87
Min days on market:
1
Max days on market:
461
Avg price per sq.ft.:
$278.74
These statistics are generated based on the current listing's property type
and located in
Westbank Centre. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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