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1077 Clement Avenue Unit# 2, Kelowna, British Columbia, V1Y 7E3

MLS® # 10341904
Vacant Land For Sale In Kelowna, British Columbia
$898,000
1077 Clement Avenue Unit# 2, Kelowna, BC
1077 Clement Avenue Unit# 2, Kelowna, BC
1077 Clement Avenue Unit# 2, Kelowna, BC
1077 Clement Avenue Unit# 2, Kelowna, BC
1077 Clement Avenue Unit# 2, Kelowna, BC
1077 Clement Avenue Unit# 2, Kelowna, BC
1077 Clement Avenue Unit# 2, Kelowna, British Columbia, V1Y 7E3
$898,000

Property Information:

LAND ASSEMBLY (Development is supported by the city) 4 separate titles - MLS® 10341904 Unit #2, 1077 Clement Avenue .08 Acres Priced at $898,000 + MLS® 10341758 Unit #1, 1077 CLEMENT, .08 Acres Priced at $675,000 + MLS® 10343693 - 1089,1095 & 1097 Clement Avenue .46 Acres Priced at $3,900,000 Total Acres = .62 Acres Total Price $5,473,000 Visionary Urban Development Starts Here Unlock the potential of one of Kelowna’s most coveted development opportunities with this rare land assembly along the high-demand Clement Avenue corridor. Spanning a combined 0.62 acres, this premium site offers endless potential in a neighborhood poised for remarkable growth and urban transformation. Currently zoned MF-1, this property supports a range of housing types including infill townhomes, ground-oriented units, and low-rise apartment buildings. However, the real magic lies in the potential for rezoning to MF-3—a designation that could open the door to higher-density development, including apartment buildings up to 6 storeys with a base FAR of 1.8, expandable to 2.5 in transit-oriented areas (buyer to verify with the City of Kelowna). Set within a transit-supportive corridor, this location is an urban planner’s dream. Just steps from Okanagan Lake and surrounded by the vibrant energy of downtown Kelowna, future residents will enjoy world-class amenities: trend-setting restaurants, boutique shopping, wine bars, breweries, and exceptional public transportation. (id:27)

Building Features:

  • Building Type: Other

Property Features:

  • OwnershipType: Strata
  • Property Type: Vacant Land
  • Current Use: Development residential
  • Road Type: Paved road
  • Utility Type: Sewer - Available, Cable - Available, Water - Available, Telephone - Available, Hydro - Available
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system

Courtesy of: Coldwell Banker Executives Realty

REALTOR.ca  

Location of 1077 Clement Avenue Unit# 2, Kelowna, British Columbia, V1Y 7E3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 1077 Clement Avenue Unit# 2 , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 1077 Clement Avenue Unit# 2 , experiences 11 significant 2-day storms per year, with about 140.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 153.7mm of precipitation per year.

Precipitation Per Storm

Past
140.1mm
2050
153.7mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1077 Clement Avenue Unit# 2, Kelowna, British Columbia, V1Y 7E3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,587.21

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.55 %

High school certificate or equivalent

30.61 %

Apprenticeship trade certificate/diploma

9.91 %

College/non-university certificate

22.05 %

University certificate (below bachelor)

1.15 %

University Degree

25.74 %

Commuter

Travel To Work

By Car

73.44 %

By Public Transit

1.84 %

By Walking

12.1 %

By Bicycle

6.91 %

By Other Methods

5.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.64 %

Houses

75.36 %

Own Vs. Rent