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255 Cambie Road | $1,190,000
Christine Pearson Agent Photo
Christine
Pearson
COLDWELL BANKER ROSLING REAL ESTATE (NELSON)
593 Baker Street
Nelson, BC
Canada V1L 4J1

Details

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Address 255 Cambie Road
AreaCentral Okanagan
Sub AreaRS - Rutland South
State/ProvinceBritish Columbia
CountryCanada
Price$1,190,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms3
Half Baths1
Floor Space1480 Square Feet
Lot Size0.20 Acres
WaterfrontNo
Year Built1989
Taxes $4,123
Tax Year2024
MLS® #10338270

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 exudes charm and character, featuring 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 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 hot 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 are 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.


Listed by OAKWYN REALTY OKANAGAN-LETNICK ESTATES


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