V1Y5L5 Real Estate

Welcome to the vibrant community of Kelowna, British Columbia, where the zip code V1Y 5L5 serves as your gateway to a lifestyle filled with natural beauty, recreational opportunities, and a welcoming atmosphere. Nestled in the breathtaking Okanagan Valley, Kelowna boasts stunning lake views, rolling vineyards, and picturesque mountains, making it a coveted destination for outdoor enthusiasts and those seeking a tranquil retreat.

In V1Y 5L5, you’ll find a delightful mix of residential neighborhoods, local amenities, and charming parks. The area is known for its family-friendly environment, with excellent schools and community centers that foster connection and engagement among residents. Just a stone's throw away, you'll discover the sparkling waters of Okanagan Lake, perfect for boating, swimming, or simply soaking up the sun on a warm summer day.

Food lovers will appreciate the diverse culinary scene, featuring everything from farm-to-table restaurants to cozy cafes. The nearby wineries and orchards offer an array of local produce and award-winning wines, making it a paradise for those who enjoy indulging in the region's flavors.

With a mild climate that allows for year-round outdoor activities, including hiking, skiing, and golfing, V1Y 5L5 is an ideal location for anyone looking to embrace an active lifestyle. Whether you’re a first-time homebuyer, a growing family, or seeking a peaceful retirement, Kelowna offers a community that feels like home. Come explore the charm of V1Y 5L5 and discover the perfect place to create lasting memories!

Newest Listings in V1Y5L5

$3,200,000

10383740 MLS® #

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 0–200 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:5764)

588/598 Royal Avenue, Kelowna

Listing courtesy of Coldwell Banker Horizon Realty.

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