DEVELOPERS/BUILDERS OPPORTUNITY to purchase 5 properties and assemble a 1.09 acre parcel for a multifamily development site. There is a possibility to add other neighboring properties for a larger development in Rutland Central, under Urban Centre (UC4) Zoning which allows 6+ stories multi-family and aligned with 2.5 FAR. It is walking distance to many amenities including Hwy 33 plaza shopping mall, groceries, banks, schools, YMC, Ice rink, and steps to transit, 20 minutes transit to Okanagan college and 20 minutes by car to UBCO, Kelowna airport , many golf courses, and wineries This land land assembly includes 210 Pemberton Rd (006-112-889), 230 Pemberton Rd (009-022-937), 240 Pemberton Rd (009-022-929), 215 Cambie Rd (009-022-953), and 225 Cambie Rd (009-022-961). Potential rental income will offset holding costs until ready to develop. (id:43014)
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Rutland offers affordable properties for investors, first-time buyers, and growing families with its wide selection of lot sizes, residential amenities, numerous schools and convenient central location. The local Mission Creek Greenway is one of Rutlands most attractive features, offering a beautiful trail that runs through the area and connects to Mission Park by Orchard Park Mall. Nothing is far from Rutland: Downtown, Okanagan Lake, shopping, and reaction centers are all just minutes away, making this one of the most convenient and accessible neighbourhoods in Kelowna.
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