$ 1,550,000 – 290 Ponto Road

4 BR / 2 BA Single Family – Kelowna

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. (id:6769)