230 Pemberton Road, Kelowna | $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.

Description

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.

General Info


MLS Listing ID: 10332370 Bedrooms: 3 Bathrooms: 2 Year Built: 1971
Parking: Surfaced Heating: See remarks Lotsize: 0.21 ac|under 1 acre Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: Carpeted, Ceramic Tile, Laminate Fireplaces: N/A Basement: Crawl space

Amenities/Features


  • Level lot
  • Central island
  • Jacuzzi bath-tub
  • One Balcony

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .