Situated at the north end of Lake Okanagan, opposite the Vernon Yacht Club, the 2.76 acre Vela Vista development site is zoned and approved for development of 54 residential apartment units in three buildings. The property is strategically located between the major Okanagan cities of Kelowna and Vernon, approximately 28 miles (45km) north of the Kelowna International Airport and 4 miles (6km) from downtown Vernon. More information available by request tobrell@gmail.com

1. "Brell" Brenda Ellis
1-866-578-8852
2749 30th St. Vernon BC V1T 5C6
T 250-549-3944 F 250-549-2115
www.okanaganshuswaprealestate.com
co-listed with

2. EXECUTIVE SUMMARY 7914 Okanagan Landing Road, Vernon, BC
Introduction
Situated at the north end of Lake Okanagan,
opposite the Vernon Yacht Club, the 2.76 acre
Vela Vista development site is zoned and
approved for development of 54 residential
apartment units in three buildings.
The property is strategically located between the
major Okanagan cities of Kelowna and Vernon,
approximately 28 miles (45km) north of the
Kelowna International Airport and 4 miles (6km)
from downtown Vernon.
Daytime Rendering
Nightime Rendering
ADDRESS: 7914 Okanagan Landing Road
LEGAL DESCRIPTION:
Lot A District Lot 6
Osoyoos Division Yale District Plan KAP
86996
NET SITE AREA:
1.42 Acres (1.12 hectares)
(Less area over 30% gradient)
ZONING: HR3, Hillside Residential Apartment
SITE DENSITY: 54 Units
MAXIMUM SITE COVERAGE: 65%
PROPOSED SITE COVERAGE: 47%
Site Description

3. EXECUTIVE SUMMARY 7914 Okanagan Landing Road, Vernon, BC
Project Description
Nestled in the hillside overlooking Lake Okanagan
and the Vernon Yacht Club, the proposed Vela Vista
development will comprise a total of three buildings
in a series of terraced residences that are as unique as
the view it celebrates.
Inspired by the singular beauty of its surroundings,
the Vela Vista’s subtle arching lines and ascending
terraces are designed to recall the curves of sails and
the landscape of the surrounding mountains.
Offering Price
The Offering Price for the serviced site is $3,950,000
Parking Stalls
Total of 81 spaces, including accessible & visitor
parking Parking for Buildings B & C is shared and
located under Building B
Building Height
Building A – 4 1/2 storeys
Building B – 4 1/2 storeys
Building C – 3 storeys
History
Okanagan Landing began as an unincorporated
settlement at the north end of Okanagan Lake, and
was a port and shipyard for steamboats operating
on the lake, as well as the terminus station for the
Shuswap and Okanagan Railway.
After the last steamship on the lake, the SS
Sicamous, was retired in 1936, the ship yard
operated until the 1960’s. The decommissioned
land was bought in 1971 by the Okanagan Landing
and District Community Association and Okanagan
Landing and was later annexed to the city of
Vernon in 1993.
Neighbourhood Description
Okanagan Landing has seen significant
development since being annexed by the City of
Vernon.
Okanagan Landing Plaza serves the communities
general shopping and social needs. An indoor
soccer and sport center has been built at Marshall
Fields, and two new schools have been built to
serve the local community.
Waterfront and water view properties have
experienced strong demand, attracting several
new resort type developments and rising sharply
in value over the past decade.
Site Plan