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Renanza Realty
For sale

265 Ponto Road

Kelowna, British Columbia

MLS® 10392179

$774,998

Status
Active
Property type
House
MLS® number
10392179
Bedrooms
2
Bathrooms
1
Year built
1949

Listing description

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.

Property summary

MLS® number
10392179
Property type
Single Family
Building type
House
Square footage
1,695 sq ft
Title
Freehold
Land size
0.18 acres
Built in
1949
Annual property taxes
$4,459.48
Parking
4 spaces · Additional Parking
Days on market
65 days

Features & details

Heating
Forced air, See remarks
Basement
Cellar
Exterior features
Stucco
View
Mountain view, View (panoramic)
Architectural style
Ranch

What would this home cost you?

Based on the $774,998 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,606 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Realtymonx, Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.