255 Cambie Road, Kelowna , V1X 3H9
Listing ID: 10338270
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$1,190,000
Price
3
Bed
3
Bath
1,480
Sq. Ft.
Built: 1989
Parking: 2 Spot
Data last updated: April 08, 2025 at 10:12am
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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.

Semi-detached located at 255 Cambie Road. It has 3.00 beds, 3.00 bathrooms, and is 1480 square feet. The property was built in 1989. 255 Cambie Road is in the Kelowna neighborhood. Kelowna North, Fintry, and Kelowna South are nearby neighbourhoods.
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Agent Contact: JP Letnick Phone: 778-363-1314
Listing Courtesy of: Oakwyn Realty Okanagan-Letnick Estates
Source: kelowna , MLS#: 10338270 Agent Contact: Joanna Wang Phone: +17783638859
Listing Courtesy of: Sage Executive Group Real Estate - Letnick Estates
Source: kelowna , MLS#: 10338270

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JL
JP Letnick
778-363-1314

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JP Letnick
778-363-1314
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4013.67
Monthly
952000
Total Mortgage
238000
Down Payment