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240 Pemberton Road, Kelowna

Property Description

Prime Development Opportunity in a Highly Desirable Location! 4 Bed + Den | 3 Bath | 2250 Sq Ft | 2-3 Motorhome Parking Spaces This expansive home presents an incredible opportunity for investors and developers, offering generous living space and multiple potential uses. With a prime location that’s walking distance to markets, transit, schools, and just a 20-minute bus ride to UBCO or Okanagan College, this property is ready for its next chapter! Key Features: 4 Bedrooms + Den/Office 3 Bathrooms on Main Floor Extra Large Basement Rec Room – Additional living space Basement Den/Office/Bedroom with large window and closet Total Living Space: 2250 sq ft Driveway Space: Accommodates up to 2-3 motorhomes or 4 vehicles Two Decks: One off the kitchen and another attached to the primary bedroom, ideal for a potential rental suite Overlooks a Beautiful Park Cambie Road Frontage with Lane Access at the rear Perfect for Development: This property is part of a consolidation of 5 properties (215-225 Cambie Rd and 210-230-240 Pemberton Rd) and is located in a prime transit-oriented area. With the UC-Urban zoning under the new Provincial Legislation, this site allows for 2.5 FAR and offers potential for 6-story construction. Whether you’re looking to hold, renovate, or explore development opportunities, this is a rare find in a fast-growing neighborhood. (id:43014)

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Full Address:
240 Pemberton Road, Kelowna, British Columbia
Price:
$ 1,855,000
MLS Number:
10332366
List Date:
January 16th, 2025
Neighbourhood:
Rutland South
Lot Size:
0.21 ac
Year Built:
1965
Taxes:
$ 3,179

Property Details

Bedrooms:
4
Bathrooms:
3
Appliances:
Refrigerator, Range - Electric
Flooring:
Laminate, Carpeted, Vinyl
Air Conditioning:
See Remarks
Heating:
Forced air, See remarks

Interior Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Septic tank
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Cedar Siding
Garage:
Surfaced
Ownership Type:
Freehold
Taxes:
$ 3,179

Building Features

Finished Area:
2291 sq.ft.

Floors

View:
View (panoramic)
Lot Size:
0.21 ac

Land

Neighbourhood Features

Ratings

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Agent: Kara RosartOffice: Oakwyn Realty Okanagan

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Prime Development Opportunity in a Highly Desirable Location! 4 Bed + Den | 3 Bath | 2250 Sq Ft | 2-3 Motorhome Parking Spaces This expansive home presents an incredible opportunity for investors and developers, offering generous living space and multiple potential uses. With a prime location that’s walking distance to markets, transit, schools, and […]
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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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