$899,900

255 Cambie Road, Kelowna

Rutland South, Kelowna, BC V1X3H9

3 bd · 3 ba · 1,480 sq ft · Single-family home

Listed by Oakwyn Realty Okanagan-Letnick Estates

About this property

Prime development opportunity in the heart of Rutland! This 8,700 sq. ft. lot, ideally situated behind Plaza 33 and Highway 33, offers immense potential with UC4 zoning (up to FAR 2.5), allowing for a 6-story mixed-use development with neighboring land assembly potentially. This well-cared-for home features a bright living room with a cozy gas fireplace, kitchen and dining area, and primary bedroom on the main floor with a newer ensuite. Upstairs, you'll find two additional bedrooms and a full bathroom. Step outside to a private, spacious backyard complete with a gazebo, kids’ playhouse/shed, and raised garden beds. Home has been renovated with new carpet and new flooring. The covered carport adds convenience, while a large detached shop easily fits two vehicles and includes a 220v power outlet—perfect for storing all your toys, RVs, boats, and trailers. With 70 feet of frontage and sewer at the lot line (requiring connection), this transit-oriented location provides quick access to UBCO, Downtown, Okanagan College, and Kelowna Airport. Surrounded by shopping centers, schools, and essential amenities, this is a rare investment opportunity in a growing urban hub. Neighboring properties were listed between $1.5M and $1.9M. Don’t miss out on this incredible value! Measurements are approximate; buyer to verify if important. Buyers to confirm and conduct their own due diligence with the development potential and requirements of the City of Kelowna for future land use. (id:67417)

Property details

Price

$899,900

MLS® number

10401637

Property type

Single-family home · House · Single Family

Ownership

Freehold

Bedrooms

3

Bathrooms

3 (1 partial)

Living area

1,480 sq ft

Lot size

0.2 acres · 0.2

Frontage

70 feet

Year built

1989

Storeys

1.5

Parking spaces

7

Annual taxes

$4,589

Community

Rutland South, Kelowna

Features

Heating

Forced air, See remarks

Parking

Detached Garage, See Remarks

Fireplace

Gas, Unknown

Flooring

Carpeted, Linoleum

Roof

Asphalt shingle, Unknown

Exterior

Brick, Vinyl siding

Appliances

Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Lot

Level lot

Water

Irrigation District

Sewer

Septic tank

Rooms

Level	Room	Size
Main level	3pc Ensuite bath	8'8'' x 5'2''
Main level	Primary Bedroom	17'4'' x 9'6''
Main level	Laundry room	9'5'' x 7'11''
Main level	Utility room	6'11'' x 9'8''
Main level	Partial bathroom	5'9'' x 3'11''
Main level	Dining room	10'0'' x 9'1''
Main level	Kitchen	9'1'' x 9'1''
Main level	Living room	19'2'' x 14'4''
Basement	Bedroom	17'2'' x 10'3''
Basement	3pc Bathroom	12'9'' x 6'0''
Basement	Bedroom	12'9'' x 8'6''

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