DEVELOPERS/BUILDERS OPPORTUNITY to purchase 5 properties and assemble a 1.09 acre parcel for a multifamily development site. There is a possibility to add other neighboring properties for a larger development in Rutland Central, under Urban Centre (UC4) Zoning which allows 6+ stories multi-family and aligned with 2.5 FAR. It is walking distance to many amenities including Hwy 33 plaza shopping mall, groceries, banks, schools, YMC, Ice rink, and steps to transit, 20 minutes transit to Okanagan college and 20 minutes by car to UBCO, Kelowna airport , many golf courses, and wineries This land land assembly includes 210 Pemberton Rd (006-112-889), 230 Pemberton Rd (009-022-937), 240 Pemberton Rd (009-022-929), 215 Cambie Rd (009-022-953), and 225 Cambie Rd (009-022-961). Potential rental income will offset holding costs until ready to develop. (id:2493)
Data was last updated December 21, 2024 at 12:45 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$2,995,000
Min list price:
$1,070,000
Max list price:
$39,800,000
Avg days on market:
300
Min days on market:
144
Max days on market:
351
These statistics are generated based on the current listing's property type
and located in
Kelowna. Average values are
derived using median calculations.
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