240 Pemberton Road
Kelowna, British Columbia V1X3H4

$1,855,000

ID# 10332366
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: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 3
Bedrooms Total 4
Half Bathrooms Total 1
Year Built 1965
Cooling Type See Remarks
Flooring Type Carpeted, Laminate, Vinyl
Heating Type Forced air, See remarks
Stories Total 1
Utility roomBasement4'7'' x 6'0''
Recreation roomBasement16'1'' x 9'10''
StorageBasement' x '
Laundry roomBasement16'10'' x 9'6''
BedroomBasement18'6'' x 8'10''
Games roomBasement24'3'' x 13'6''
DenMain level11'5'' x 6'8''
Partial bathroomMain levelMeasurements not available
BedroomMain level10'7'' x 11'4''
3pc BathroomMain level7'4'' x 6'2''
BedroomMain level10'10'' x 10'0''
4pc Ensuite bathMain level10'6'' x 4'11''
Primary BedroomMain level17'8'' x 13'4''
Dining roomMain level10'3'' x 8'10''
KitchenMain level10'3'' x 8'9''
Living roomMain level15'1'' x 14'1''
FoyerMain level' x '