$3,200,000
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588/598 Royal Avenue, Kelowna, BC V1Y5L5

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Highly Desirable Multi-Family Development Site - 588 and 598 Royal Avenue form an approximately 0.33-acre MF4 land assembly in Kelowna South, less than 200 m from the center of the Kelowna General Hospital Transit Oriented Area. Both properties are zoned MF4 Transit Oriented Areas with OCP 2040 Future Land Use C-HTH N Core Area Health District, placing them in one of only four provincially designated TOAs in Kelowna and in the highest-intensity inner 0200 m band around the KGH hub. MF4 Multiple Dwelling Housing designation supports 6-storey mid-rise development. The three existing homes provide rental income during the holding and planning stages, and full rear lane access, reinforced by a registered access easement, improves site servicing and parking flexibility. Together, these factors make the property a straightforward, policy-aligned candidate for a mid-rise multifamily project in the unique KGH Transit Oriented Area. Share sale option is available. (id:58753)

Listing By: Kraig Snaychuk - Coldwell Banker Horizon Realty
Source: CREA #10383740 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 10383740
  • Date Listed04/20/2026
  • Days on Realty 165 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V1Y5L5

Discover key demographics, population statistics, and environmental insights for the Kelowna, BC area.

Walkability in BC / V1Y5L5

Source: Walk Score

82/100

Very Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

99/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 29/100, Bike Score: 58/100.

Points of Interest near 588/598 Royal Avenue, Kelowna, BC V1Y5L5

Frequently Asked Questions for 588/598 Royal Avenue

Source: Realty.com

588/598 Royal Avenue, Kelowna, BC V1Y5L5 in Kelowna, BC V1Y5L5 is a other listed at $3,200,000. Realty.ca has 30 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 30 photos of 588/598 Royal Avenue.

The full address for this home is 588/598 Royal Avenue, Kelowna, BC V1Y5L5.

588/598 Royal Avenue has been listed on Realty.com since Mon April 20, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 29/100, Bike Score: 58/100.

Listing provided courtesy of: Coldwell Banker Horizon Realty
Listing agent: Kraig Snaychuk

This content last refreshed on 2026-10-02 03:16:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.