An outstanding opportunity to secure an affordable home with exceptional redevelopment potential in the heart of the Rutland Urban Centre. Situated on one of the few properties in the area that benefits from valuable rear lane access, this property offers tremendous flexibility for homeowners, investors, and developers alike. The existing 2-bedroom, 1-bathroom home provides comfortable living and can serve as a rental property or mortgage helper while future development plans are explored. Ideally located with easy access to Highway 33 and within walking distance to Shopping Plaza 33, Ben Lee Park, and Centennial Park, the property is also just minutes from the YMCA, schools, shopping, UBCO, and Kelowna International Airport. With UC4 zoning supporting a diverse mix of medium-density to high-density residential and commercial uses, this property presents an exciting opportunity for redevelopment, with the potential to accommodate approximately 4 to 5 residential units on a single lot. Buyers are encouraged to verify development potential, density allowances, parking requirements, and other development considerations directly with the City of Kelowna. A rare chance to own an affordable property today while securing future upside in one of Kelowna's fastest-growing urban corridors. (id:4069)
Address
265 Ponto Road
List Price
$774,998
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
2
Bathrooms
1
Floor Area
1,695 Sq. Ft.
Lot Size
0.18 Sq. Ft.
Frontage Length
69 ft
Year Built
1949
MLS® Number
10392179
Listing Brokerage
Realtymonx
Basement Area
Cellar
Postal Code
V1X2G2
Ownership
Freehold
Parking Places (Total)
4
Site Influences
View
Heat Type
Forced air, See remarks
Fireplace
Yes
Number of Fireplaces
1
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Municipal sewage system
