$9,149,440

DEVELOPERS/BUILDERS OPPORTUNITY to purchase 5 properties and assemble a 1.09 acre parcel for a multifamily development site. There is a possibility to add other neighboring properties for a larger development in Rutland Central, under Urban Centre (UC4) Zoning which allows 6+ stories multi-family and aligned with 2.5 FAR. It is walking distance to many amenities including Hwy 33 plaza shopping mall, groceries, banks, schools, YMC, Ice rink, and steps to transit, 20 minutes transit to Okanagan college and 20 minutes by car to UBCO, Kelowna airport , many golf courses, and wineries This land land assembly includes 210 Pemberton Rd (006-112-889), 230 Pemberton Rd (009-022-937), 240 Pemberton Rd (009-022-929), 215 Cambie Rd (009-022-953), and 225 Cambie Rd (009-022-961). Potential rental income will offset holding costs until ready to develop. (id:59060)