$ 2,998,000

157-163 Cariboo Road, Kelowna

INVESTORS / BUILDERS ALERT! Rare opportunity to acquire a premier land assembly in Kelowna’s sought-after North Glenmore neighbourhood. Located at **157–163 Cariboo Road**, this offering combines two adjacent properties totaling approximately 0.77 acres (33,541 sq. ft.) with excellent redevelopment potential. Designated under the proposed OCP 2040 framework, the site offers strong potential for multi-family residential development (buyer to verify). The property currently includes two tenant-occupied homes generating holding income during the planning and approval process. Two income-producing rental homes, Excellent multi-family development potential Prime North Glenmore location Steps to transit, shopping, restaurants, and everyday amenities Near a new soccer field and planned community centre. Minutes to University of British Columbia Okanagan and Kelowna International Airport. An exceptional opportunity to secure a high-potential development site in one of Kelowna’s fastest-growing neighbourhoods. (id:1945)
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Property details for 157-163 Cariboo Road, Kelowna

Type
Lots and Land
Ownership
Freehold
Annual Taxes
$4,251

Nearby Listings Stat

Estimated price and comparable properties near 157-163 Cariboo Road

Active Listings
200
Min Price
$290,000
Max Price
$13,450,000
Avg Price
$1,378,790
Days on Market
121
days
Sold Listings
42
Min Sold Price
$317,000
Max Sold Price
$2,599,000
Avg Sold Price
$1,088,209
Days until Sold
79
days

Neighbourhood Census Data

Kelowna, British Columbia / Colombie-Britannique

Population
823
Median Age
32.1
Median Income
$36,224
Dwelling Value
$449,192

Housing Tenure

Owners 63%
Renters 37%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.8
Pop. Density: 2,841.9/km²
Avg Shelter Cost: $1,615/mo
Owners with Mortgage: 83.8%
Owners Spending 30%+: 16.2%
Tenants Spending 30%+: 30.4%
English only: 93.3%
English and French: 6.7%
Neither: 0.6%
Median Household Income: $78,592
Median Employment Income: $33,920

Price History

Listed
May 27, 2026
by Oakwyn Realty Okanagan
Current Price
$2,998,000
Type
Lots and Land
For Sale
157-163 Cariboo Road

Contact Agent Get in touch about 157-163 Cariboo Road, Kelowna

Kara Rosart
Kara Rosart
Oakwyn Realty Okanagan