For Sale: 1220 O K.L Road, Kelowna, BC - REW
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$2,488,000
1 bd • 2 ba • 1187 sf • House
1220 O K.L Road
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$2,488,000
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1220 K.L.O RoadKelowna, BC, V1W 3P9

South Pandosy - KLO
  • 1 Bed
  • 2 Bath
  • 1187 Sqft
  • House

About this home

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:63626)
Listed by: Chris Kotscha, Century 21 Assurance Realty Ltd

Home facts and features

Price details
List Price
$2,488,000
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Gross Taxes for 2026
$3,151
Home facts
Bedrooms
1
Full Bathrooms
2
Parking Details
Carport
Property Type
House
Lot Size
15681 ft²
Depth
Year Built
Built in 1968 (58 yrs old)
Title
Freehold
Style
Contemporary
Heating Type
Baseboard heaters
Cooling
Central air conditioning
Community
Agent details
Primary Agent
Primary Broker
Century 21 Assurance Realty Ltd
Listing details
Days on REW
6 Days
MLS® Number
10392834
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

KLO Middle School
  • Public
  • 7 - 9
Kelowna Secondary School
  • Public
  • 10 - 12
Immaculata Regional High School
  • Independent
  • 8 - 12
Casorso Elementary School
  • Public
  • K - 6
Raymer School
  • Public
  • Pre-K - 6
Kelowna Christian School
  • Independent
  • K - 12
A S Matheson School
  • Public
  • Pre-K - 6
St Joseph Elementary School
  • Independent
  • K - 7
Willowstone Academy
  • Independent
  • K - 7
Ecole de l'Anse-au-sable
  • Public
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Chris Kotscha
Phone:
(778) 215-5867
Cell:
(778) 215-5867
Office:
250-869-0101
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