424 Newsom Avenue, Kelowna
A rare opportunity to acquire a prime development site in the heart of Kelowna's South Pandosy Urban Centre. Zoned UC5, this 6,044 sq ft lot (79 x 76.5 ft) with laneway access is surrounded by new construction on all sides, with several neighbouring parcels already cleared and shovel ready, a clear signal of where this corridor is heading. UC5 zoning permits mixed-use development up to 8 storeys as of right, with density bonusing available up to 11 storeys. No rezoning required. The City of Kelowna has identified this node as a primary growth area under the 2040 OCP, making this an exceptionally well positioned holding for any developer or investor looking to enter one of BC's most active mid-size urban markets. Steps to Okanagan Lake, the Pandosy Village commercial strip, Kelowna General Hospital, and transit. The existing two storey home with pool generates income while you plan. Hold, assemble, or build. Land assembly potential exists with neighbouring properties. Opportunities like this in an established urban centre with this level of surrounding development activity are increasingly rare. (id:1945)
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Property details for 424 Newsom Avenue, Kelowna
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,756 square feet
- Lot Size
- 0.14
- Stories
- 2
- Parking
- Other, Street, Additional Parking
- Heating
- Forced air
- Cooling
- Wall unit
- Ownership
- Freehold
- Annual Taxes
- $3,657
Nearby Listings Stat
Estimated price and comparable properties near 424 Newsom Avenue
Active Listings
15
Min Price
$550,000
Max Price
$5,250,000
Avg Price
$1,500,536
Days on Market
180
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Kelowna, British Columbia / Colombie-Britannique
Population
674
Median Age
41.5
Median Income
$38,144
Dwelling Value
$525,619
Housing Tenure
Owners 63%
Renters 37%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 2,162.3/km²
Avg Shelter Cost: $1,224/mo
Owners with Mortgage: 46.2%
Owners Spending 30%+: 12.8%
Tenants Spending 30%+: 56.5%
English only: 91.8%
English and French: 9%
Median Household Income: $73,856
Median Employment Income: $31,360
Price History
Listed
August 12, 2026
by Real Broker B.C. Ltd
Current Price
$1,795,000
Type
Residential
For Sale
