5020 Killdeer Road, Kelowna, BC - Residential Development Site in Kelowna’s Upper Mission

Residential Development Site in Kelowna’s Upper Mission

5020 Killdeer Road, Kelowna, BC, V1W 4M4

Price:
$3,500,000

Property Description

HM Commercial Group is pleased to present this valuable opportunity for a residential development parcel in the coveted Upper Mission neighbourhood.  It is walking distance to transit as well as the new Canyon Falls Middle School due to open in Fall 2019 and the future Retail Commercial Centre at The Ponds.

5020 Killdeer Road is presently 5.02 acres but will require a dedication for an extension of the linear park to the east. Net usable Area will result in approximately 3.47 acres in two parcels.

City Planning has indicated they would be open to discussing a rezoned and development concept for either a single family subdivision (draft layout contained later in this proposal) or a low density townhome development that fits with the surrounding neighbourhood. Comparable developments showing 23.7 townhome units per acre have been used for a hypothetical analysis to show as many as 60 townhome units on the northern portion alone (2.63 acres).

  • Valuable opportunity for a single family or townhome development site
  • 5.02 acres total with approximately 3.47 usable acres
  • Preliminary lot layout already completed
  • Located in the highly desirable Upper Mission area of Kelowna in close proximity to schools and parks
  • Zoned A1, Agricultural with Future Land Use designated as Single/Two Unit Residential (S2RES), Major Park/Open Space (PARK), Public Services/Utilities (PSU)

5020 Killdeer Road, Kelowna, BC, Canada

Additional Information

Municipal Address 5020 Killdeer Road, Kelowna, BC, V1W 4M4
Legal Description Lot A Plan KAP30848 Section 24 Township 28 Land District 54
PID 003-842-118
Location Details 5020 Killdeer Road is located in the highly desirable Upper Mission area of Kelowna, known for it’s high end homes and being a high income area of Kelowna. The property is located close to schools, and is just a quick drive from shopping and services in the Lower Mission/South Pandosy.
Development Site Area 3.47 Acres / 151,153.2 SF
Land Area 5.02 Acres / 218,671.2 SF
Zoning A1, Agricultural
Taxes $8,744.21 (2018)

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.