Developers/Builders Opportunity – 1.09 Acre Land Assembly in Prime Location! 5 Properties | Urban Centre Zoning | 6+ Story Multi-Family Potential An exceptional opportunity to acquire 5 properties, totaling 1.09 acres in the heart of Rutland Central, perfectly situated for multi-family development. This land assembly is located under Urban Centre (UC4) Zoning, which allows for the construction of 6+ stories, aligning with a 2.5 FAR (Floor Area Ratio), making it an ideal site for high-density residential development. Key Details: 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) 225 Cambie Rd (009-022-961) 1.09 Acre Parcel for Multifamily Development UC4 Zoning - Allows 6+ Story Buildings 2.5 FAR for Maximum Density Potential for Additional Land Assembly Walking Distance to Amenities: Hwy 33 Plaza Shopping Mall Groceries, Banks, Schools, YMCA, Ice Rink Steps to Transit - 20-minute bus ride to Okanagan College 20 Minutes by Car to UBCO, Kelowna Airport, Golf Courses, and Wineries With potential rental income to offset holding costs, this land is primed for growth. Don’t miss out on this rare development opportunity in a growing Kelowna neighborhood. (id:2493)More details
Listed by Oakwyn Realty Okanagan and Oakwyn Realty Ltd.
Prime Development Opportunity in Lower Mission A rare investment opportunity in one of Kelowna’s most desirable neighbourhoods! 1007 Lanfranco Road presents a proposed 8-unit townhome development featuring modern design, rooftop patios, double garages, and private elevators. With MF2 zoning and Development Permit approval secured, this property is shovel-ready and primed for growth. There’s also potential to subdivide into three separate lots under MF1 zoning—details available upon request. The existing home offers strong rental income, making it a solid holding property while planning the next phase. Flexible financing available, including the option of a Vendor Take Back (VTB) mortgage—an excellent opportunity to maximize investment potential. Located in the heart of Lower Mission with easy access to top-rated schools, parks, beaches, shopping, and Okanagan Lake. Rezoning and development approvals are already complete, ensuring a smooth transition for the next owner. Don’t miss this chance to secure a high-potential site with short-term income and long-term value. Contact us today for more information! All information, including zoning, development potential, measurements, and financial terms, is deemed reliable but not guaranteed and should be verified by the buyer or buyer’s agent. (id:2493)More details
Listed by Oakwyn Realty Okanagan and Oakwyn Realty Ltd.
Data was last updated May 21, 2025 at 02:18 PM (UTC)
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