For Sale: 721 Raymer Avenue, Kelowna, BC - REW
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$1,562,500
4 bd • 2 ba • 1987 sf • House
721 Raymer Avenue
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$1,562,500
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721 Raymer AvenueKelowna, BC, V1Y 4Z7

South Pandosy - KLO
  • 4 Bed
  • 2 Bath
  • 1987 Sqft
  • House

About this home

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 stories 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:63626)
Listed by: Kamal Saran, Century 21 Coastal Realty Ltd.

Home facts and features

Price details
List Price
$1,562,500
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Gross Taxes for 2026
$5,357
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Details
Rear
Property Type
House
Lot Size
6098 ft²
Depth
Year Built
Built in 1973 (53 yrs old)
Title
Freehold
Exterior Finish
Other
Heating Type
Forced air
Community
Agent details
Primary Agent
Primary Broker
Century 21 Coastal Realty Ltd.
Listing details
Days on REW
38 Days
Property Views
11
MLS® Number
10385351
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Raymer School
  • Public
  • Pre-K - 6
Kelowna Secondary School
  • Public
  • 10 - 12
KLO Middle School
  • Public
  • 7 - 9
A S Matheson School
  • Public
  • Pre-K - 6
Casorso Elementary School
  • Public
  • K - 6
St Joseph Elementary School
  • Independent
  • K - 7
Immaculata Regional High School
  • Independent
  • 8 - 12
Kelowna Christian School
  • Independent
  • K - 12
Bankhead Elementary School
  • Public
  • K - 6
Willowstone Academy
  • Independent
  • K - 7
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
Kamal Saran
Phone:
604-961-1437
Cell:
604-961-1437
Office:
604-599-4888
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