Prime Development Opportunity in a Highly Desirable Location!
4 Bed + Den | 3 Bath | 2250 Sq Ft | 2-3 Motorhome Parking Spaces
This expansive home presents an incredible opportunity for investors and developers, offering generous living space and multiple potential uses. With a prime location that’s walking distance to markets, transit, schools, and just a 20-minute bus ride to UBCO or Okanagan College, this property is ready for its next chapter!
Key Features:
4 Bedrooms + Den/Office
3 Bathrooms on Main Floor
Extra Large Basement Rec Room – Additional living space
Basement Den/Office/Bedroom with large window and closet
Total Living Space: 2250 sq ft
Driveway Space: Accommodates up to 2-3 motorhomes or 4 vehicles
Two Decks: One off the kitchen and another attached to the primary bedroom, ideal for a potential rental suite
Overlooks a Beautiful Park
Cambie Road Frontage with Lane Access at the rear
Perfect for Development: This property is part of a consolidation of 5 properties (215-225 Cambie Rd and 210-230-240 Pemberton Rd) and is located in a prime transit-oriented area. With the UC-Urban zoning under the new Provincial Legislation, this site allows for 2.5 FAR and offers potential for 6-story construction.
Whether you’re looking to hold, renovate, or explore development opportunities, this is a rare find in a fast-growing neighborhood.
For sale
C$1,855,000
240 Pemberton Rd, Kelowna, BC V1X 3H4
4beds
2,291sqft
Single Family Residence
Built in 1965
9,147.6 Square Feet Lot
$-- Zestimate®
C$810/sqft
C$-- HOA
What's special
Generous living spaceTotal living spaceDriveway spaceTwo decksOverlooks a beautiful parkCambie road frontageLane access
- 349 days |
- 4 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: July 10, 2025 at 10:32am
Listed by:
Kara Rosart,
Oakwyn Realty Okanagan,
Jasleen Sangha,
Oakwyn Realty Ltd
Source: Association of Interior REALTORS,MLS®#: 10332366Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Description: irregular
- Level: Main
- Area: 235.56 Square Feet
- Dimensions: 17.67x13.33
Bedroom
- Level: Main
- Area: 108.33 Square Feet
- Dimensions: 10.83x10.00
Bedroom
- Level: Main
- Area: 119.94 Square Feet
- Dimensions: 10.58x11.33
Bedroom
- Level: Basement
- Area: 163.42 Square Feet
- Dimensions: 18.50x8.83
Other
- Features: Four Piece Bathroom
- Level: Main
- Area: 51.63 Square Feet
- Dimensions: 10.50x4.92
Den
- Level: Main
- Area: 76.11 Square Feet
- Dimensions: 11.42x6.67
Dining room
- Level: Main
- Area: 90.54 Square Feet
- Dimensions: 10.25x8.83
Foyer
- Level: Main
- Dimensions: 0 x 0
Other
- Features: Three Piece Bathroom
- Level: Main
- Area: 45.22 Square Feet
- Dimensions: 7.33x6.17
Game room
- Level: Basement
- Area: 327.38 Square Feet
- Dimensions: 24.25x13.50
Half bath
- Level: Main
- Dimensions: 0 x 0
Kitchen
- Level: Main
- Area: 89.69 Square Feet
- Dimensions: 10.25x8.75
Laundry
- Level: Basement
- Area: 159.92 Square Feet
- Dimensions: 16.83x9.50
Living room
- Level: Main
- Area: 212.42 Square Feet
- Dimensions: 15.08x14.08
Recreation
- Level: Basement
- Area: 158.15 Square Feet
- Dimensions: 16.08x9.83
Storage room
- Level: Basement
- Dimensions: 0 x 0
Utility room
- Level: Basement
- Area: 27.5 Square Feet
- Dimensions: 4.58x6.00
Heating
- Forced Air, Natural Gas
Cooling
- Other
Appliances
- Included: Electric Range, Refrigerator
Features
- Den
- Flooring: Carpet, Laminate, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 2,291 sqft
- Finished area above ground: 1,402
- Finished area below ground: 889
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Accessibility Features, Low Threshold Shower
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Private Yard
- Pool features: None
- Has view: Yes
- Waterfront features: None
Lot
- Size: 9,147.6 Square Feet
Details
- Parcel number: 009022929
- Zoning: UC4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Cedar, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Kelowna
Financial & listing details
- Price per square foot: C$810/sqft
- Annual tax amount: C$3,178
- Date on market: 1/16/2025
- Cumulative days on market: 435 days
- Ownership: Freehold,Fee Simple
Kara Rosart
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Rutland
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
- Loading
