Property Type: Land / LotOwnership: Freehold

1140 Brant Avenue

Kelowna, BC V1Y7G3

$2,750,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.98 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$26,452.81

Interior

Fireplace
None

Listing Information

MLS®
10388482
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Large 1-acre parcel in Kelowna’s Core Area with Prime Zoning for Business and Industrial uses. Positioned within Kelowna’s rapidly developing North End, this exceptional 0.976-acre development opportunity offers a rare chance to secure a high-profile site in one of the city’s most dynamic urban districts. Currently zoned I1 for a diverse range of business and industrial use, it is located within the North End Neighbourhood Plan. The property presents outstanding potential in an area undergoing the Kelowna’s most rapid and significant revitalization. The existing I1 zoning permits buildings up to 16.0 meters in height with a 2.4 FAR, translating to approximately 102,036 square feet of potential building area. The property is further designated as Mixed Employment District (MED) within Kelowna’s OCP, supporting employment-intensive uses including manufacturing, service commercial, retail, light industrial, professional offices, specialty retail, breweries, restaurants, health and wellness services, childcare facilities, and complementary multi-unit residential integrated above grade-level commercial spaces in mixed-use forms. The area planning framework supports low-rise to potential mid-rise development, creating flexibility for a visionary project aligned with the North End’s continued transformation. Surrounded by breweries, creative enterprises, emerging residential density, and urban amenities, the property benefits from exceptional connectivity to Downtown Kelowna, walkable access to restaurants and services, and proximity to future infrastructure enhancements envisioned within the North End Plan, including expanded waterfront pathways, enhanced parks, and improved pedestrian connections throughout the district. This is a strategic and increasingly scarce redevelopment opportunity within one of Kelowna’s most sought-after urban growth corridors. (id:63159)

Location Insights

Weather

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Bankhead ElementaryElementary478 m
The Balsam School(Independent)Elementary1.2 km
Glenmore ElementaryElementary1.4 km
Central SecondarySecondary1.7 km
Central School ProgramsK-121.7 km
St Joseph Elementary School(Independent)Elementary1.9 km
A S Matheson ElementaryElementary2.1 km
Watson Road ElementaryElementary2.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (2)

  • Buffalo Rouge Brewing Co. · 1111 Gordon Drive72 m
  • motherlove ferments · 889 Vaughan Avenue550 m

Cafes (5+)

  • Bright Jenny · 984 Laurel Avenue187 m
  • Bright Jenny · 984 Laurel Avenue188 m
  • The Bright Lab198 m
  • Craft 42 Roasters · 1178 High Road225 m
  • Tackle Box Coffee Bar740 m

Parks (2)

  • Hartwick Park680 m
  • Lombardy Park690 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($550,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,200,000.00
Periodic payment — Principal & Interest (monthly)$14,193.65
Additional monthly expenses (strata, tax, utilities, etc.)$2,204.40
Total monthly cost$16,398.05
Interest paid over 5-yr term$630,526.32
Balance at end of term$1,978,907.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$550,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,917.23

Cash Needed at Closing

Minimum down payment$550,000
Estimated BC PTT$60,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$612,000

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information