2165 Optic Court
Kelowna, BC V1V2K5
$2,350,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.98 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $24,924
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10377992
- Listed
- March 4, 2026
- Time on market
- On the market for 180 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Exceptional opportunity to acquire 0.988 acres (approx. 43,037 sq.ft.) of light industrial land in the highly desirable Airport Business Park. Strategically located with the property backing directly onto Highway 97, this site offers outstanding visibility and exposure along one of the Okanagan’s busiest transportation corridors. The I2 – General Industrial (Light Industrial) zoning allows for a wide range of uses including warehouse, contractor services, manufacturing, fleet services, storage, and multi-tenant industrial development. Development regulations allow for up to 1.5 FAR and a maximum building height of approximately 16 metres, providing excellent flexibility for a substantial industrial building with mezzanine or office space. The zoning also permits up to 60% building coverage and up to 90% total site coverage including structures and paved areas, making it ideal for businesses requiring yard space for equipment, fleet vehicles, storage, or loading. Situated in the heart of Kelowna’s premier industrial hub and just minutes from the airport, UBCO, and major transportation routes, this property offers a rare opportunity to secure nearly one acre of high-exposure industrial land in a rapidly growing commercial and industrial corridor.place to do so!!! All designs were done for seller's desired needs. This is one of the last remaining lots in the airport district Call realtor for more info. (id:63159)
Location Insights
Weather
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Aberdeen Hall Preparatory School(Independent) | K-12 | 3.1 km |
| Ellison Elementary | Elementary | 3.4 km |
| North Glenmore Elementary | Elementary | 5.1 km |
| Dr Knox Middle School | Middle | 5.5 km |
| Rutland Elementary | Elementary | 6.9 km |
| Pearson Road Elementary | Elementary | 7.0 km |
| Rutland Middle School | Middle | 7.0 km |
| Watson Road Elementary | Elementary | 7.1 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.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($470,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.