5930 Columbia Avenue

Description

An exceptional 5.18 acre development opportunity in Peachland, BC, located in one of the Okanagan’s most desirable lakefront communities. 5930 Columbia Avenue, together with the neighbouring property for a total of 9.46 acres, zoned RM3, with OCP support for RM4 zoning, allowing up to 24 units per acre and potential for 200+ homes. The property’s natural topography is ideal for lakeview condos, townhomes, or a mixed-density project, with elevated views of Okanagan Lake. Just a 10-minute walk to Beach Avenue, residents will enjoy cafés, restaurants, boutique shopping, parks, and the waterfront boardwalk. With approximately 9.46 acres total (combined with neighbouring property), this is a rare opportunity to secure a large-scale development site with strong upside in a high-demand market. (id:63159)

Property Details

Annual property tax

$13,855.1

Brokerage

RE/MAX Treeland Realty

Location Insights

Population

5,789

(2021 Census)

+6.7% since 2016

Density

359.6/km²

Dwellings

2,936

Median household income

$81,000

After-tax

$72,500

Immigrant population

15.8%

Top countries of origin

• United Kingdom5.7% · 330
• Germany2.3% · 135
• United States of America1.6% · 90
• Netherlands0.8% · 45
• Korea, South0.3% · 20
• Viet Nam0.3% · 20
• Italy0.3% · 15
• China0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Summerland

25°C

—

Humidity 36%

Wind ESE 18 km/h

Today

27°

Tonight

15°

Thursday

23°

Thursday night

7°

Friday

21°

Friday night

9°

Source: Environment and Climate Change Canada.