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:4069)
Address
230 Pemberton Road
List Price
$1,969,000
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
3
Bathrooms
2
Floor Area
1,690 Sq. Ft.
Lot Size
0.21 Sq. Ft.
Year Built
1971
MLS® Number
10332370
Listing Brokerage
Oakwyn Realty Okanagan
| Oakwyn Realty Ltd.
Basement Area
Crawl space
Postal Code
V1X3H4
Site Influences
Golf Nearby, Airport, Recreation, Schools, Shopping
Features
Level lot, Central island, Jacuzzi bath-tub, One Balcony
