230 Pemberton Road
Kelowna, British Columbia V1X3H4

$1,969,000

ID# 10332370
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:3942)

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

Courtesy of Oakwyn Realty Okanagan
Listed on: January 15, 2025

On market: 3 days
Bathroom Total 2
Bedrooms Total 3
Half Bathrooms Total 1
Year Built 1971
Cooling Type Central air conditioning
Flooring Type Carpeted, Ceramic Tile, Laminate
Heating Type See remarks
Stories Total 1
Partial bathroomMain level4'6'' x 4'6''
BedroomMain level9'0'' x 10'0''
BedroomMain level10'0'' x 10'4''
Laundry roomMain level3'0'' x 5'0''
KitchenMain level11'4'' x 24'0''
Full bathroomMain level7'6'' x 10'0''
Primary BedroomMain level13'10'' x 10'11''
Family roomMain level17'0'' x 23'0''
Living roomMain level12'10'' x 18'10''