731 Raymer Avenue - Main photo, Kelowna, British Columbia

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731 Raymer Avenue - Photo 3 of 4, Kelowna, British Columbia

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$1,562,500

731 Raymer Avenue — Kelowna, British Columbia

V1Y4Z7

5Beds

2Baths

2,080Sq Ft

1973Built

About This Property

Exceptional land assembly opportunity in Kelowna’s sought-after Pandosy Urban Centre: 2815 Richter Street, 731 Raymer Avenue, and 721 Raymer Avenue. Combined, these three properties create a prime development site zoned UC5, allowing for mixed-use residential and commercial development in one of Kelowna’s fastest-growing corridors. UC5 zoning permits up to 6 storeys, with a base density of 2.05 FAR and bonus density up to 2.35 FAR for purpose-built rental or attainable housing (buyer to verify with the City). Ideal for apartments, townhomes, or mixed-use projects including commercial along Richter Street. Located within walking distance to Kelowna General Hospital, Okanagan College, Pandosy Village, shops, cafes, restaurants, transit, Lake Okanagan, and Gyro Beach. All three properties must be sold together. Total asking price: $5,000,000. (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 5
Bathrooms: 2
Half Baths: 0
Living Area: 2,080 sqft
Year Built: 1973
Stories: 2.0
Status: Active

Location & Neighborhood

What's nearby 731 Raymer Avenue

Nearby Schools

Raymer Elementary School
elementary
0.1 km
Okanagan College
post_secondary
0.6 km
Kelowna Secondary School
secondary
0.6 km

Parks & Recreation

Osprey Park
park
0.2 km
Abbott Park
park
0.5 km
waterfront park
park
0.6 km

Transit Access

Pandosy at Osprey
Bus Stop
0.3 km
Pandosy at Raymer
Bus Stop
0.3 km
Pandosy at Groves
Bus Stop
0.3 km
Pandosy at KLO
Bus Stop
0.4 km
Pandosy at Patterson
Bus Stop
0.4 km

Local Amenities

Coffee & Cafes

Blenz Coffee0.2 km
The Marmalade Cat Cafe0.3 km

Dining

Hector's Casa0.3 km
Original Joe's0.3 km

Grocery

Lakview Market0.4 km

Fitness

Orangetheory Fitness0.4 km

POI data updated 5/3/2026

Kelowna Market Snapshot

2,033

Active Listings

$800K

Median Price

Avg Days on Market

Last updated: Apr 29, 2026

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Listed by

Century 21 Coastal Realty Ltd.

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$1,562,500