1104-1139 Lawson Ave

Sold | Development Land | ± 42,689 SQFT | Contact Listing Agent
Overview

William Wright Commercial is pleased to announce the sale of one of the very few remaining development sites of this size in Downtown Kelowna. Gordon and Lawson is a corner lot assembly that consists of 5 single family RU6 lots totalling 0.98 acres. OCP designated as C-NHD with proposed density of up to 2.05 FAR. Located at the intersection of one of Kelowna’s busiest transportation corridors connecting the North and South areas of the City.

Civil Address

1120-1139 Lawson Ave, Kelowna
1104-1110 Lawson Ave, Kelowna
1467 Gordon Dr, Kelowna
1459 Gordon Dr, Kelowna
1488 Aspen Crt, Kelowna

Details
Status

Sold

Address

1104-1139 Lawson Ave, Kelowna,
Canada

Size

± 42,689 SQFT

Type

Development Land

Price

Contact Listing Agent

Location

OCP Designation: Core Neighbourhood

The Core Area is identified in the 2040 Official Community Plan as one of the districts most critical to the City's long-term growth management plan. Situated just on the outskirts of the Urban Centre, the goal of this area is to add a diverse range of ground-oriented mixed-use and residential projects to service the growing community. Transit Supportive Corridors, such as Gordon Drive, act as a link between neighbourhoods by providing easy transportation options and accessibility to surrounding areas.

Housing Projections

The demand for Urban Living continues to grow as we see housing preferences, transportation behaviour and age demographics evolve in the Kelowna market. The 2040 OCP anticipates a greater demand for housing in walkable, mixeduse neighbourhoods. Primary household types are projected to shrink - dominated by single occupants, or couples, generally requiring smaller housing units. Driven by affordability and housing size preferences, it is anticipated that the demand for apartments, townhomes and compact family-friendly housing will quickly outpace the demand for new single family homes. These same factors continue to strengthen the demand for long-term rental housing and enhance the viability of purpose-built rental projects in Core Neighbourhoods.


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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.