290 Ponto Road, Kelowna | $1,350,000

Excellent development, investment or holding property. Potential land assembly of 3 lots for a total of 0.54 Acres 205.80 x 112.53 with great access from 3 roads (Ponto, Asher & McDonald) and a back laneway make for great development opportunities in Rutland???s Urban Center UC4 zoning. This 0.18 acres 68.60 x 112.53 corner property with front, back and side access is zoned for up to 6 story development with 1.6 FAR with permitted uses including apartment style housing, townhomes and stacked townhouses, major child care center. This 4 bedroom 2 bathroom home is currently rented so you have income while you wait to develop the assembly. Convenient location close to schools, parks and shopping.

Description

Excellent development, investment or holding property. Potential land assembly of 3 lots for a total of 0.54 Acres 205.80 x 112.53 with great access from 3 roads (Ponto, Asher & McDonald) and a back laneway make for great development opportunities in Rutland???s Urban Center UC4 zoning. This 0.18 acres 68.60 x 112.53 corner property with front, back and side access is zoned for up to 6 story development with 1.6 FAR with permitted uses including apartment style housing, townhomes and stacked townhouses, major child care center. This 4 bedroom 2 bathroom home is currently rented so you have income while you wait to develop the assembly. Convenient location close to schools, parks and shopping.

General Info


MLS Listing ID: 10318648 Bedrooms: 4 Bathrooms: 2 Year Built: 1938
Parking: Surfaced Heating: N/A Lotsize: 0.18 ac|under 1 acre Air Conditioning : N/A

MAP View


Street View


Get More Info



Mortgage Calculator




Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .