230 Pemberton Road Kelowna, British Columbia V1X 3H4

$1,969,000

Prime Development Opportunity – Exceptional Location! 3 Beds | 2.5 Baths | In-Law Suite | 2-3 Motorhome Parking Spaces Nestled in one of the area’s most sought-after locations, this well-maintained home offers an outstanding opportunity for investors and developers. Situated within walking distance to markets, transit, and three-level schools, and just a 20-minute bus ride to UBCO or Okanagan College, this property is perfectly positioned for future growth. Key Features: 3 Bedrooms + Den/Office 2.5 Bathrooms, including a walk-in tub Circular Driveway with space for 2-3 motorhomes or up to 4 vehicles Two Decks: One off the kitchen in front, and another attached to the primary bedroom, ideal for a potential rental suite Gas Fireplace in the cozy living room In-Law Suite on the side for added rental income or multi-generational living Overlooks a Beautiful Park Cambie Road Frontage with Lane Access at the rear Development Potential: This property is part of a consolidation of 5 properties (215-225 Cambie Rd and 210-230-240 Pemberton Rd) and is situated in a prime transit-oriented area. With the new UC-Urban zoning and 2.5 FAR, this property allows for the potential development of a 6-story building under the new Provincial Legislation. Whether you’re looking to renovate, hold, or develop, this property offers a rare combination of immediate functionality and future development potential. (id:59116)

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https://www.realtor.ca/real-estate/27810016/230-pemberton-road-kelowna-rutland-south