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Kelowna 3.95-acre development site sells for $23.7 million

Priced at approximately $5.9 million per acre, the BC Tree Fruit site is believed slated for mixed-use in north Kelowna, B.C.
BC Tree Fruit site.
HM Commercial Group, Macdonald Realty, Kelowna, B.C., for Western Investor

Type of property: Development land

Location: Corner of Ellis and Bay Streets, Kelowna, B.C.

Size of land, in acres: 3.95 acres

List price: $20 million

Sale price: $23.7 million

Date of sale: December 13, 2021

Buyer: Mission Group, Kelowna, B.C,.

Brokerage: HM Commercial Group, licensed with Macdonald Realty, Kelowna

Brokers: Jeff Hudson and Marshall McAnerney