Townhome
MULTI FAMILY Land Acquisition Opportunity
6468 Okanagan Landing Road
Vernon, BC
An Address with an Advantage™
This site offers a prime location in Vernon, surrounded by natural beauty, established neighbourhoods, and convenient access to schools, parks, shopping, and Okanagan Lake. With excellent connectivity and community amenities nearby, it’s an ideal setting for new housing that blends lifestyle, accessibility, and long-term investment potential.
Location Meets Long-Term Value
Perfectly positioned in Vernon’s Okanagan Landing area, this site offers unbeatable connectivity. Steps from Marshall Fields, schools, beaches, and bus stops, it’s also minutes from downtown, the airport, and Okanagan Lake. Surrounded by recreation, shopping, and services, the location blends convenience, lifestyle, and long-term community growth potential.
| Lot Number | Zoning Type | Size (Acres) | Suggested Use | Approx. Unit Count* |
|---|---|---|---|---|
| 1 – SOLD | Townhomes | 0.81 | MUM | 15 |
| 2 | Townhomes | 0.645 | MUM | 10 – 15 |
| 3 | Multifamily | 3.33 MUM: 1.2 | MSH: 2.13 |
MUM, MSH | 250 – 350 |
| 4 | Multifamily | 3.99 | MUM | 200 – 220 |
| 5 | Townhomes | 1.79 | MUM | 30 – 40 |
| Total | — | 10.57 | — | Between 555 – 640 |
ConnectED to what matters most
This site is surrounded by everyday essentials and recreation. Anchored by Buy-Low Foods at Landing Plaza, it’s minutes from downtown, major grocers, and public services. Families benefit from nearby schools, Vernon General Hospital, and Okanagan College, while parks, beaches, and orchards offer unmatched lifestyle and leisure opportunities.
INTERACTIVE MAP
*37 Mins | 43 Kms To Kelowna Airport
AVAILABLE PARCELS
LOT 2
Lot 2 is zoned Multi-Unit Medium (MUM) and offers strong potential for a multi-family residential development. An example concept illustrates how the site could accommodate approximately 11 residential units on 0.71 acres (30,927 sq ft), with a total finished area of about 21,544 sq ft.
The concept demonstrates compliance with required setbacks, exceeds landscaping standards at 41.77%, and achieves a Floor Area Ratio (FAR) of 0.70. Parking capacity is well supported, providing 21 stalls compared to 14 required, including accessible and visitor spaces.
This plan is presented for demonstration purposes only, showcasing the development potential of the site. The property is available for purchase, offering an opportunity for a developer to bring forward their own concept and design within the existing zoning framework
| Key Metrics | Details |
|---|---|
| Zoning | Multi Unit – Medium (MUM) |
| Site Area | 0.71 Acres · (30,927 Sq.ft) |
| # of Units | 15-25 |
| Net Finished Area | 21,544 Sq.ft |
| Zoning Components | Permitted (as per MUM Zone) | Provided (as per Concept Plan) |
|---|---|---|
| FAR | 1.25 | 0.70 |
| Landscape Area | 30% | 41.77% |
| Setback – Street | 4.0 m | 4.0 m |
| Setback – Lot | 3.0 m | 4.0 m |
| Parking (1.0 per unit, max 2.0) | 11 | 17 |
| Accessible Parking | 1 | 1 |
| Visitor Parking | 2 | 2 |
| Total Parking | 14 | 21 |
LOT 3
Lot 3 is zoned Multi Unit Medium (MUM) and Multi Suite Housing (MSH), offering exceptional potential for a high-density residential development. An example concept demonstrates how the site could accommodate approximately 282 residential unitsacross 3.28 acres (142,876 sq ft)—with 1.89 acres (82,420 sq ft) under MSH and 1.39 acres (60,456 sq ft) under MUM.
This illustrative plan features a gross building area of 237,518 sq ft and a net building area of 193,012 sq ft, achieving a proposed FAR of 1.67 within the allowable 322,830 sq ft. Parking exceeds requirements, providing 348 total stalls (compared to 324 required), including underground, surface, accessible, and visitor spaces.
Landscaping surpasses bylaw minimums at 34.83%, and setbacks of 4.0 m (street) and 3.0 m (lot) are maintained.
This concept is presented for demonstration purposes only, highlighting the development flexibility and potential of the site. The property is available for purchase, offering a chance for a developer to implement their own vision within the current zoning parameters.
| Key Metrics | Total Lot 3 Details | Details | MSH | Details | MUM |
|---|---|---|---|
| Zoning | MSH & MUM | MSH | MUM |
| Total Site Area | 3.28 Acres (142,876 sq.ft) | 1.89 Acres (82,420 sq.ft) | 1.39 Acres (60,456 sq.ft) |
| # of Units | 282 | ||
| Parking U/G | P1 | 82 P2 | 104 | ||
| Parking Surface | 162 | ||
| Parking Ratio | 1.23 | ||
| Total Stalls for both Zones | 348 | ||
| Gross Building Area | 237,518 sq.ft | ||
| Net Building Area | 193,012 sq.ft | ||
| FAR Allowed | 322,830 sq.ft | 75,570 sq.ft | 247,260 sq.ft |
| FAR Proposed | 1.67 |
| Zoning Components | Permitted as per MSH | MUM Zone | Provided as per Concept Plan MSH | MUM |
|---|---|---|
| Landscape Area | 30% | 34.83% |
| Setback – Street | 4.0 m | 4.0 m |
| Setback – Lot | 3.0 m | 3.0 m |
| Parking (1.0 per unit, max 2.0) | ||
| Accessible Parking | 8 | 8 |
| Visitor Parking | 34 | 34 |
| Total Parking | 324 | 348 |
| MSH FAR | 2.13 | 1.67 |
| MUM FAR | 1.2 | 1.67 |
LOT 4
Lot 4 is zoned Multi-Unit Medium (MUM) and presents a significant opportunity for a multi-family residential development. An example concept illustrates how the site could accommodate approximately 308 residential units across 4.02 acres (175,111 sq ft).
The concept features a gross building area of 252,364 sq ft and a net building area of 211,720 sq ft, achieving a Floor Area Ratio (FAR) of 1.03, within the 1.25 permitted. Parking design exceeds bylaw standards with 401 total stalls—including 194 underground and 207 surface stalls—for a parking ratio of 1.30, inclusive of accessible and visitor spaces.
Landscaping requirements are met at 30%, and setbacks of 4.0 m (street) and 3.0 m (lot) are maintained.
This plan is provided for demonstration purposes only, showcasing the site’s development potential and flexibility. The property is available for purchase, offering an opportunity for a developer to establish their own concept and design within the existing zoning framework.
| Key Metrics | Details |
|---|---|
| Zoning | MUM |
| Site Area | 4.02 Acres (175,111 sq.ft) |
| # of Units | 308 |
| Parking U/G | 194 |
| Parking Surface | 207 |
| Parking Ratio | 1.30 |
| Total Stalls | 401 |
| Gross Building Area | 252,364 sq.ft |
| Net Building Area | 211,720 sq.ft |
| FAR Allowed | 1.25 (218,889 sq.ft) |
| FAR Proposed | 1.03 |
| Zoning Components | Permitted as per MUM Zone | Provided as per Concept Plan |
|---|---|---|
| Landscape Area | 30% | 30% |
| Setback – Street | 4.0 m | 4.0 m |
| Setback – Lot | 3.0 m | 3.0 m |
| Parking (1.0 per unit, max 2.0) | 259 | 281 |
| Accessible Parking | 7 | 7 |
| Visitor Parking | 28 | 28 |
| Total Parking | 294 | 316 |
LOT 5
The concept maintains required setbacks, achieves a 30% landscaped area, and provides a Floor Area Ratio (FAR) of 0.68. Parking design significantly exceeds bylaw standards, offering 82 stalls, including accessible and visitor spaces, ensuring functionality and compliance.
This concept is presented for demonstration purposes only, highlighting the development potential of the site. The property is available for purchase, allowing a developer to pursue their own design vision within the existing zoning framework.
| Key Metrics | Details |
|---|---|
| Zoning | MUM |
| Site Area | 1.78 Acres (77,972 sq.ft) |
| # of Units | 36 |
| Net Finished Area | 53,064 sq.ft |
| Zoning Components | Permitted as per MUM Zone | Provided as per Concept Plan |
|---|---|---|
| FAR | 1.25 | 0.68 |
| Landscape Area | 30% | 30.08% |
| Setback – Street | 4.0 m | 4.0 m |
| Setback – Lot | 3.0 m | 3.0 m |
| Parking (1.0 per unit, max 2.0) | 36 | 72 |
| Accessible Parking | 2 | 2 |
| Visitor Parking | 6 | 8 |
| Total Parking | 44 | 82 |
| Unit Type | # of Units | sq.ft | Total sq.ft |
|---|---|---|---|
| 3 Bedroom Townhome | 36 | 1,474 | 53,064 |
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Innocept Developments is a private real estate investment and development firm operating in the Okanagan Valley and Calgary. They handle the full development lifecycle—from site acquisition and land assembly to building completion—with a team experienced in complex negotiations. Innocept emphasizes long-term relationships, transparency, and community value, and has a client roster including both national and local developers, retailers, and businesses.
*The information provided is believed to be accurate, but accuracy is not guaranteed and should be independently verified by the buyer.