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265 Ponto Road, Kelowna

MLS® #10392179
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:62865)

Property Information

Status

Active

Year Built

1949

Property Type

House

Ownership

Freehold

Parking Spaces

4

Annual Tax

$4,459

Parcel Number

010-555-455

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

2

Bathrooms

1

Living Area

1695 square feet

Architectural Style

Ranch

Basement

Cellar

Fireplace Features

GasUnknown
Exterior & Lot

Lot Size

0.18 acres

Frontage

69.0 feet

Fencing

Fence

View

Mountain view, View (panoramic)

Exterior Features

Stucco
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Forced air, See remarks

Water Source

Municipal water

Sewer

Municipal sewage system

Security

Smoke Detector Only

$774,998

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
2Beds
1Baths
1695sqft
Listing Courtesy of

Office

Realtymonx

Mortgage Calculator
$155,000

Loan Amount:

$619,998

Estimated Monthly Payment:

$3,021

This is an estimate for informational purposes only. Consult with a financial advisor.