Property Type: Land / LotOwnership: Freehold

1299-1329 Pridham Avenue

Kelowna, BC V1Y6B3

$4,550,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.86 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$69,920.22

Interior

Fireplace
None

Listing Information

MLS®
10393560
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: William Wright Commercial · Data source: CREA DDF.

Description

An exceptional opportunity to acquire an 0.86-acre, development site strategically positioned in Kelowna’s highly sought-after Landmark-Capri Urban Centre. The development site benefits from a central location between the Capri Centre and the Landmark District, offering immediate access to major employment hubs, shopping, restaurants, transit, and everyday amenities. This site is development permit ready to submit for a 110-unit multi-family project with 67,414 square feet of saleable area. The site is ideally situated within one of Kelowna’s most active growth corridors, supported by strong population growth, increasing housing demand, and ongoing public and private investment throughout the surrounding area. Combining a prime central location and a scale suitable for a progressive residential development, this is a compelling opportunity to deliver much-needed housing in one of British Columbia’s fastest-growing cities. Please reach out the listing team for more information, including the CA for Data Room access. (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

59

7/9 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
A S Matheson ElementaryElementary739 m
St Joseph Elementary School(Independent)Elementary1.0 km
Central School ProgramsK-121.1 km
Central SecondarySecondary1.1 km
Bankhead ElementaryElementary1.2 km
The Balsam School(Independent)Elementary1.9 km
Kelowna SecondarySecondary2.0 km
Glenmore ElementaryElementary2.1 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 (5+)

  • Shady Rest · 1359 Sutherland Avenue141 m
  • Noodlebox225 m
  • The Old Spaghetti Factory · 1755 Capri Street258 m
  • Yum Yum Tree · 1835 Gordon Drive286 m
  • K-Town Pizzeria · 1470 Harvey Avenue315 m

Cafes (4)

  • Gong Cha472 m
  • Starbucks488 m
  • Continental Breakfast589 m
  • Bean Scene660 m

Grocery (3)

  • Peter's Your Independent Grocer · 1835 Gordon Drive332 m
  • Bulk Barn344 m
  • Nester's Market · 1111 Lawson Avenue783 m

Parks (5+)

  • Mary Ann Collinson Memorial Park116 m
  • Pacific Court Park295 m
  • Richmond Park418 m
  • Sutherland Avenue Recreation Corridor489 m
  • Millbridge Park632 m

Gyms (3)

  • Invati Yoga+Wellness193 m
  • GoodLife Fitness254 m
  • Flow Academy435 m

Pharmacies (1)

  • Paragon Pharmacy718 m

Banks & ATMs (3)

  • BMO400 m
  • Coast Capital Savings · 1544 Harvey Avenue482 m
  • Buster's Pizza & Donair - Kelowna - Bitcoin Well ATM · 1607 Sutherland Avenue625 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($910,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,640,000.00
Periodic payment — Principal & Interest (monthly)$23,484.04
Additional monthly expenses (strata, tax, utilities, etc.)$5,826.69
Total monthly cost$29,310.73
Interest paid over 5-yr term$1,043,234.46
Balance at end of term$3,274,191.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$910,000
Stress test qualifying rate8.09%
Payment you must qualify for$27,990.33

Cash Needed at Closing

Minimum down payment$910,000
Estimated BC PTT$145,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,057,000

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.

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