William Wright Commercial and CBRE Limited have been retained on behalf of the Liquidator of 0081092 BC Ltd. to seek offers for the disposition of 5 contiguous lots at 3745 Lakeshore Road (“the Property”), a generational redevelopment opportunity of a prominently located, lake-oriented, trophy property in Kelowna, BC.

The Liquidator of 0081092 BC Ltd., “the Liquidator” has been appointed under Part 10 of the British Columbia Business Corporations Act, S.B.C. 2002, c. 57 to effect the voluntary liquidation of the Company’s assets, including the Lands. The Liquidator has sought and obtained a court order, approving the manner in which the Company’s assets will be marketed and sold (the “Sales Process”). The Sales Process will culminate in the presentation of sealed bids to the Court on a date specified by the Court and selection of the winning bid by the Court on the basis of the bid which, in the Court’s view, is in the best interests of the Company.

This scalable 18.59-acre site is perfectly positioned in the highly desirable Lower Mission neighbourhood of Kelowna. The property has premium frontage along Lakeshore Road, is situated directly across from Rotary Beach and is adjacent to some of the world class amenities that service the Okanagan. Future development on the site will enjoy remarkable views of Okanagan Lake.

The Site is located within one of Kelowna’s most prestigious residential areas, in high demand from both buyers and renters looking for an amenity rich neighbourhood close to services and entertainment options.

The Property is designated in the new 2040 OCP for residential development. This iconic landmark site, within the heart of the fast-growing Kelowna marketplace, provides a very rare opportunity for developers to acquire up to a 18.59 acre Site. The site will transform into a well-designed, master planned community that comprises a wide range of residential product forms.

Generational Multi-Family Redevelopment Opportunity in One of Kelowna’s Most Desirable Neighbourhoods

• Future potential for a multi-phased master planned community that comprises of a wide range of multifamily residential typologies
• Total potential buildable area of over 1.45M square feet at build out (using base FAR)
• Large scalable redevelopment opportunity allowing investors to capitalize on development and cost efficiencies
• Future Land Use in Core Area Neighbourhood Plan which supports 6-storey developments with a base FAR of 1.8x
• Prominent lakefront location on high-traffic Lakeshore Road in Kelowna
• Potential subdivision options available – to be confirmed with the City of Kelowna planning department

For more information, visit cbrecanada.com/3745-lakeshore-road

The Lower Mission neighbourhood is the epitome of Kelowna lifestyle, offering shopping, dining and beach access all within walking distance. The area offers a diverse mix of family homes, luxury waterfront properties, retirement communities, townhomes and condo units. The Lower Mission is one of Kelowna’s most walkable and bike-friendly communities, and has also become a destination for tourists visiting the Okanagan looking to explore award-winning wineries and world class beaches.