Prime Development Opportunity - Incredible Location! Presenting a unique opportunity in a highly sought-after area! This property boasts a spacious 6-bedroom, 2-bathroom home with a detached garage and additional shed in the expansive backyard. With ample driveway space for up to four vehicles, this home offers tremendous potential for both investors and developers alike. Key Features: 6 Bedrooms, 2 Bathrooms Detached Garage & Shed Additional Driveway Space for 4 Cars Two Decks (front and back) Income Potential with a rental suite Current Tenants in Place - great tenants wish to stay! Walking Distance to: Local Market Public Transit Three-level Schools 20-Minute Bus Ride to UBCO and Okanagan College Cambie Road Frontage and Lane Access at the Rear Overlooks a Beautiful Park This property is part of a consolidation of 5 properties (215-225 Cambie Rd and 210-230-240 Pemberton Rd), making it a prime transit-oriented development opportunity. With the new Provincial Legislation and UC-Urban zoning within the Core Area, this property offers a zoning allowance of 2.5 FAR, providing the potential for 6-story construction. Don’t miss out on this rare investment opportunity in one of the region’s fastest-growing neighborhoods. Whether you're looking to renovate, hold, or develop, this location offers the best of all worlds. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Listing Contract Date
2025-01-15
Municipal ID
006-112-889
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1971
Construction Style (Attachment)
Detached
Cooling Type
See Remarks
Heating Type
Other
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Full bathroom
Basement
' x '
Den
Basement
7'6'' x 13'8''
Bedroom
Basement
10'6'' x 14'
Living room
Basement
10'6'' x 12'
Storage
Basement
7'6'' x 8'
Bedroom
Basement
8' x 12'
Kitchen
Basement
8'6'' x 13'8''
Full bathroom
Main level
' x '
Workshop
Main level
12' x 24'
Bedroom
Main level
7'6'' x 11'2''
Family room
Main level
13'10'' x 14'
Kitchen
Main level
11' x 11'4''
Laundry room
Main level
5' x 8'
Primary Bedroom
Main level
10' x 15'4''
Dining room
Main level
10'6'' x 13'
Living room
Main level
13'6'' x 18'
Parking Spaces
Name
Spaces
Surfaced
Land
Total Size
0.22 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.22
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