2405 Pandosy Street

About this home

2405 Pandosy Street – Prime Land Assembly Opportunity An exceptional redevelopment or long-term investment opportunity in one of Kelowna’s most sought-after Transit Oriented Areas. This 2-lot land assembly totals 0.31 acres (13,569 sq.ft.) with approx. 116 feet of frontage on Pandosy Street, 117 feet along Birch Avenue, and rear lane access, offering excellent site flexibility for future development. Zoned MF4, this core area designation is specifically intended for higher-density infill and apartment housing. The zoning supports up to 6 storeys, reduced parking requirements, and a wide range of residential formats including apartments, townhomes, micro-suites, and long-term rental housing. Other potential uses in this Core Area – Health District (C-HTH), include small-scale commercial, and institutional or health-related services. The site allows for a maximum density of 2.5 FAR, with the potential for an additional 0.3 FAR bonus for rental or affordable housing initiatives. In total, the assembly provides approximately 33,922 sq.ft. of sellable area. The property sits on a Transit Supportive Corridor, a priority growth area under Kelowna’s 2040 OCP, designed to integrate higher-density housing. Less than 200 metres to the Hospital, close to parks and beaches, and steps to the vibrant Pandosy Village. Nearby schools include the College, KSS, and KLO. With a Walk Score of 85, this is a highly walkable. Total list price: $3,180,000. *MUST BE SOLD WITH 2415 PANDOSY ST*

Property details

Market read

At $820 per sq ft of finished area, it is listed 92% above the $427 per sq ft median of the 456 detached homes that sold between $1.2M and $2M in the Central Okanagan over the last 12 months, and 80% above the $456 per sq ft median of the 432 listed in that range now.

432 active listings against 456 sales in a year is about 11 months of supply in this range, at the past year's pace. Those sales took a median 48 days and sold at a median 96.9% of their final list price.

Across Kelowna South, 85 detached homes sold in the last 12 months at a median $808,800 ($450 per sq ft), in a median 43 days, at 96.3% of final list price; 83 are listed now.

On the market 24 days under this listing, at its original price.

Association of Interior REALTORS® MLS® data, as of October 25, 2026. Sales are dated by accepted offer over the last 365 days. The price range is this list price plus or minus 25 percent, for the same kind of home in the same board area. Medians appear only where at least five properties qualify. Price per square foot uses total finished area, above and below grade together, so it is a check on price, not a valuation.

Land and setting

Local government

City of Kelowna, within the Regional District of Central Okanagan

Zoning

MF4, Transit Oriented Areas, under the City of Kelowna Zoning Bylaw No. 12375 as amended by Bylaw No. 12619 (TA24-0001), adopted March 18, 2024

Parcel

0.16 acres

Agricultural Land Reserve

Outside the ALR

Lie of the land

Close to level overall, about 1% grade

Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the City of Kelowna; ALR from the Agricultural Land Commission boundary; floodplains from the Province’s designated floodplain mapping, which is decades old and incomplete, so local governments set flood construction levels and the absence of a designation here is not a clearance. The lie of the land is measured from the Province's LidarBC 1 m bare-earth elevation model, flown in 2025, across the parcel itself; it reads the ground, not the buildings, so banks and retaining walls count as steep ground. None of this replaces a title search, a survey or confirmation with the local government, which is the authority on zoning.

Location

Neighbourhood Access