5975 Lefoy Road | $5,750,000
Cameron Biffart Agent Photo
Cameron
Biffart
MOMENTUM REALTY INC.
#106 460 Doyle Avenue
Kelowna, BC
Canada V2Y 0C2

Details

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Address 5975 Lefoy Road
AreaNorth Okanagan
Sub AreaVC - City of Vernon
State/ProvinceBritish Columbia
CountryCanada
Price$5,750,000
Property TypeResidential Development
Lot Size8.35 Acres
WaterfrontNo
Taxes $6,285
Tax Year2024
MLS® #10324058

This prime 8.4-acre multi-family development site is part of the Anderson Ranch land assembly, ideally situated next to SmartCentres (featuring Walmart, Rona, Best Buy, Tim Hortons, and more) and within walking distance to transit. The property offers lake views from the upper storeys and is bordered by BX Creek, with a planned nature path within the riparian zone. Zoning changes allow for up to 8 storeys with a 3.0 FAR, making it a perfect fit for apartment development. The riparian setback has been reduced from 30m to 15m, optimizing the usable space. With an anticipated density of 1.8 to 2.0 FAR, this site could support up to 400 much-needed rental units. Access is provided via a cul-de-sac on 58 Avenue.


Listed by UNISON HM COMMERCIAL REALTY


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Data Source: Statistics Canada
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