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495 Dougall Road North

  • $4,800,000

Salient Details

  • Units 105
  • Suite Mix 55-1B, 40-2B, 4-2B+Den, 6-3B
  • Lot Size 34,475 sf
  • Net Rentable sf 88,422 sf

495 Dougall Road North

Four-Lot Mid-Rise Apartment Building Development Site in Central Kelowna with Approved Development Permit Ready
495 Dougall Road North - Brochure
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McEvay Blair Multifamily Group - 495 Dougall Road North - 9 495 Dougall Road N

Investment Highlights

Development Permit Approved for 105 Rental Units
Rare opportunity to acquire a ±34,475 SF four-lot land assembly with approval for a six-storey, 105-unit purpose-built rental apartment project. The approved development significantly reduces entitlement risk and allows investors to advance a high-density rental project in one of Kelowna's fastest-growing urban centres.
Strategic Location Within Kelowna's Rutland Urban Centre
Positioned in the future Rutland Urban Centre as identified in Kelowna's 2040 Official Community Plan, the site is surrounded by expanding residential and commercial amenities and benefits from proximity to UBC Okanagan, Kelowna International Airport, Highway 97, Highway 33, Plaza 33, and Downtown Kelowna.
Large-Scale Rental Project Designed for Long-Term Demand
The proposed 84,422 SF development features a diverse suite mix of one-, two-, and three-bedroom units, underground parking, and rooftop amenity space, positioning the project to capture strong rental demand from students, professionals, families, and the growing Kelowna population.

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Contact us

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick