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210-240 Pemberton Road, Kelowna

Property Description

Developers/Builders Opportunity – 1.09 Acre Land Assembly in Prime Location! 5 Properties | Urban Centre Zoning | 6+ Story Multi-Family Potential An exceptional opportunity to acquire 5 properties, totaling 1.09 acres in the heart of Rutland Central, perfectly situated for multi-family development. This land assembly is located under Urban Centre (UC4) Zoning, which allows for the construction of 6+ stories, aligning with a 2.5 FAR (Floor Area Ratio), making it an ideal site for high-density residential development. Key Details: 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) 225 Cambie Rd (009-022-961) 1.09 Acre Parcel for Multifamily Development UC4 Zoning - Allows 6+ Story Buildings 2.5 FAR for Maximum Density Potential for Additional Land Assembly Walking Distance to Amenities: Hwy 33 Plaza Shopping Mall Groceries, Banks, Schools, YMCA, Ice Rink Steps to Transit - 20-minute bus ride to Okanagan College 20 Minutes by Car to UBCO, Kelowna Airport, Golf Courses, and Wineries With potential rental income to offset holding costs, this land is primed for growth. Don’t miss out on this rare development opportunity in a growing Kelowna neighborhood. (id:43014)

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Full Address:
210-240 Pemberton Road, Kelowna, British Columbia
Price:
$ 9,373,664
MLS Number:
10332392
List Date:
January 16th, 2025
Neighbourhood:
Rutland South
Lot Size:
1.09 ac

Property Details

Air Conditioning:
Central air conditioning
Heating:
See remarks

Interior Features

Sewer:
Septic tank
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Brick, Stucco, Other

Building Features

Floors

Lot Size:
1.09 ac
Current Use:
Mixed use

Land

Neighbourhood Features

Ratings

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Agent: Kara RosartOffice: Oakwyn Realty Okanagan

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Developers/Builders Opportunity – 1.09 Acre Land Assembly in Prime Location! 5 Properties | Urban Centre Zoning | 6+ Story Multi-Family Potential An exceptional opportunity to acquire 5 properties, totaling 1.09 acres in the heart of Rutland Central, perfectly situated for multi-family development. This land assembly is located under Urban Centre (UC4) Zoning, which allows for […]
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210-240 Pemberton Road, Kelowna

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Rutland

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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