1402 Cara Glen Court, Kelowna, BC

1402 Cara Glen Court presents a rare opportunity to acquire a fully entitled, purpose-built rental apartment development site in Kelowna’s highly desirable Glenmore neighbourhood. The 1.69-acre property is located just off Clifton Road at the base of Knox Mountain, offering proximity to downtown Kelowna, schools, parks, and Landmark District. Zoning and Development Permit approvals are in place for a 108-unit rental apartment building comprising approximately 78,485 square feet of net rentable area at a density of 1.1 FAR. The site benefits from MF3r zoning, underground parking, completed geotechnical and environmental studies; significantly de-risking the development process. The property will be delivered graded flat, allowing a purchaser to move efficiently toward construction. The price has been significantly reduced, making it one of the best purchase opportunities in the region. This offering represents a compelling opportunity to deliver residential housing in one of the most sought after locations in Kelowna.