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$895,000
2 Beds ⋅ 1 Baths ⋅ 10394498 MLS® #
An exceptional opportunity for first-time buyers, investors, or anyone seeking a home with outstanding future potential. This charming 2-bedroom, 1-bathroom home offers comfortable living today while presenting excellent redevelopment possibilities. Whether you choose to live in the home, generate rental income, or use it as a mortgage helper while planning your next steps, this property offers remarkable flexibility. Situated in the heart of Central Rutland and zoned UC4 – Urban Centre, the property supports a diverse mix of medium- to high-density residential and commercial uses, offering significant redevelopment potential in one of Kelowna's rapidly evolving Rutland urban centre. Outside is where the value truly stands out. A detached workshop with convenient lane access provides an ideal space for hobbies, projects, or secure storage for tools, bikes, and outdoor gear. The fully fenced, oversized yard offers plenty of room to enjoy today while providing flexibility for future plans, such as gardens, outdoor living spaces, or the potential for an accessory structure (buyer to verify). With ample parking, lane access, excellent walkability, and exceptional redevelopment potential, this property offers far more than just a 2-bedroom home. It is a rare opportunity to invest in a growing neighbourhood while enjoying the benefits of comfortable living today and exciting possibilities for the future. (id:5764)

105 Ponto Road, Kelowna

Listing courtesy of Realtymonx.

$1,549,996
10392188 MLS® #
An outstanding redevelopment and investment opportunity in the heart of the Rutland Urban Centre. Offered as a two-lot land assembly or available for purchase individually, these tenant-occupied properties provide valuable holding income to help offset carrying costs throughout the redevelopment planning and approval process. Designated under UC4 zoning, the properties support a diverse mix of medium-density to high-density residential and commercial uses, with building heights of up to 6 storeys permitted under the current zoning framework. One of the properties benefits from rare rear lane access, enhancing site design flexibility and development potential. Ideally located with easy access to Highway 33 and within walking distance to Shopping Plaza 33, Ben Lee Park, and Centennial Park, the site is also minutes from the YMCA, schools, shopping, UBCO, and Kelowna International Airport. This is a unique opportunity for investors, developers, and land bankers to secure a strategic urban redevelopment site in one of Kelowna's fastest-growing corridors while benefiting from existing rental income during the holding period. Buyers are encouraged to conduct their own due diligence and verify density, height, parking, and development potential directly with the City of Kelowna. (id:5764)

265 - 275 Ponto Road, Kelowna

Listing courtesy of Realtymonx.

$774,998
3 Beds ⋅ 1 Baths ⋅ 10391945 MLS® #
An excellent opportunity for first-time buyers, investors, or those looking for an affordable home in a convenient central location. This charming 2-bedroom, 1-bathroom home offers comfortable living while providing exceptional future upside. The existing residence can serve as an owner-occupied home, rental property, or mortgage helper while you plan for the future. Ideally situated with easy access to Highway 33, this property is within walking distance to Shopping Plaza 33, Ben Lee Park, and Centennial Park. Enjoy quick access to the YMCA, schools, shopping, transit, University of British Columbia Okanagan, and Kelowna International Airport, making it a highly desirable location for both homeowners and tenants. The property is designated under UC4 zoning, supporting a diverse mix of medium-density to high-density residential and commercial uses, presenting an attractive redevelopment opportunity in one of Kelowna's growing urban corridors. (id:5764)

275 Ponto Road, Kelowna

Listing courtesy of Realtymonx.

$774,998
2 Beds ⋅ 1 Baths ⋅ 10392179 MLS® #
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:5764)

265 Ponto Road, Kelowna

Listing courtesy of Realtymonx.