$699,998

265 Ponto Road, Kelowna

Rutland North, Kelowna, BC V1X2G2

2 bd · 1 ba · 1,695 sq ft · Single-family home

Listed by Realtymonx · Gary Judge

About this property

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:67417)

Property details

Price

$699,998

MLS® number

10392179

Property type

Single-family home · House · Single Family

Ownership

Freehold

Bedrooms

2

Bathrooms

1

Living area

1,695 sq ft

Lot size

0.18 acres · 0.18

Frontage

69 feet

Year built

1949

Storeys

1

Parking spaces

4

Annual taxes

$4,459

Community

Rutland North, Kelowna

Features

Style

Ranch

Basement

Cellar

Heating

Forced air, See remarks

Parking

Additional Parking

View

Mountain view, View (panoramic)

Fireplace

Gas, Unknown

Roof

Asphalt shingle, Unknown

Exterior

Stucco

Water

Municipal water

Sewer

Municipal sewage system

Fencing

Fence

Rooms

Level	Room	Size
Main level	Full bathroom
Main level	Bedroom	10'0'' x 9'0''
Main level	Primary Bedroom	10'0'' x 9'0''
Main level	Kitchen	10'0'' x 8'0''
Main level	Living room	12'0'' x 12'0''

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