For Sale: 255 Cambie Road, Kelowna, BC - REW
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$899,900
3 bd • 3 ba • 1480 sf • House
255 Cambie Road
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$899,900
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255 Cambie RoadKelowna, BC, V1X 3H9

Rutland
  • 3 Bed
  • 3 Bath
  • 1480 Sqft
  • House

About this home

Prime development opportunity in the heart of Rutland! This 8,700 sq. ft. lot, ideally situated behind Plaza 33 and Highway 33, offers immense potential with UC4 zoning (up to FAR 2.5), allowing for a 6-story mixed-use development with neighboring land assembly potentially. This well-cared-for home features a bright living room with a cozy gas fireplace, kitchen and dining area, and primary bedroom on the main floor with a newer ensuite. Upstairs, you'll find two additional bedrooms and a full bathroom. Step outside to a private, spacious backyard complete with a gazebo, kids’ playhouse/shed, and raised garden beds. Home has been renovated with new carpet and new flooring. The covered carport adds convenience, while a large detached shop easily fits two vehicles and includes a 220v power outlet—perfect for storing all your toys, RVs, boats, and trailers. With 70 feet of frontage and sewer at the lot line (requiring connection), this transit-oriented location provides quick access to UBCO, Downtown, Okanagan College, and Kelowna Airport. Surrounded by shopping centers, schools, and essential amenities, this is a rare investment opportunity in a growing urban hub. Neighboring properties were listed between $1.5M and $1.9M. Don’t miss out on this incredible value! Measurements are approximate; buyer to verify if important. Buyers to confirm and conduct their own due diligence with the development potential and requirements of the City of Kelowna for future land use. (id:63626)
Listed by: JP Letnick PREC*, Personal Real Estate Corporation, Oakwyn Realty Okanagan-Letnick Estates

Home facts and features

Price details
List Price
$899,900
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Gross Taxes for 2026
$4,589
Home facts
Bedrooms
3
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
7
Parking Details
See Remarks, Detached Garage
Property Type
House
Lot Size
70 ft x 0 ft (8712 ft²)
Depth
Frontage
70.0 feet
Year Built
Built in 1989 (37 yrs old)
Title
Freehold
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, See remarks
Features
Level lot
Appliances
Dishwasher, Dryer, Range - Electric, Refrigerator, Washer
Community
Agent details
Primary Agent
JP Letnick PREC*
Primary Broker
Oakwyn Realty Okanagan-Letnick Estates
Secondary Agent
Secondary Broker
Oakwyn Realty Okanagan-Letnick Estates
Listing details
Days on REW
3 Days
MLS® Number
10401637
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Belgo Elementary School
  • Public
  • K - 6
South Rutland School
  • Public
  • Pre-K - 5
Quigley Elementary School
  • Public
  • K - 5
Heritage Christian School
  • Independent
  • K - 12
Okanagan Adventist Academy
  • Independent
  • K - 12
Rutland Senior Secondary School
  • Public
  • 9 - 12
Rutland Middle School
  • Public
  • 6 - 8
Studio 9 Independent School of the Arts
  • Independent
  • K - 12
Pearson Road School
  • Public
  • Pre-K - 5
Rutland Elementary School
  • Public
  • K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
JP Letnick PREC & Joanna Wang Team
Phone:
(778) 363-1314
Cell:
(778) 363-1314
Office:
250-861-5122
Joanna Wang
Phone:
(778) 363-8859
Cell:
778-363-8859
Office:
250-861-5122
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