265 - 275 Ponto Road, Kelowna
An outstanding redevelopment and investment opportunity in the heart of the Rutland Urban Centre. Offered as a two-lot land assembly or available for purchase individually, these tenant-occupied properties provide valuable holding income to help offset carrying costs throughout the redevelopment planning and approval process. Designated under UC4 zoning, the properties support a diverse mix of medium-density to high-density residential and commercial uses, with building heights of up to 6 storeys permitted under the current zoning framework. One of the properties benefits from rare rear lane access, enhancing site design flexibility and development potential. Ideally located with easy access to Highway 33 and within walking distance to Shopping Plaza 33, Ben Lee Park, and Centennial Park, the site is also minutes from the YMCA, schools, shopping, UBCO, and Kelowna International Airport. This is a unique opportunity for investors, developers, and land bankers to secure a strategic urban redevelopment site in one of Kelowna's fastest-growing corridors while benefiting from existing rental income during the holding period. Buyers are encouraged to conduct their own due diligence and verify density, height, parking, and development potential directly with the City of Kelowna. (id:1945)
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Property details for 265 - 275 Ponto Road, Kelowna
- Type
- Commercial
- Lot Size
- 0.36
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 265 - 275 Ponto Road
Active Listings
225
Min Price
$70,000
Max Price
$8,800,000
Avg Price
$896,346
Days on Market
111
days
Sold Listings
75
Min Sold Price
$149,000
Max Sold Price
$5,998,000
Avg Sold Price
$969,127
Days until Sold
132
days
Neighbourhood Census Data
Kelowna, British Columbia / Colombie-Britannique
Population
595
Median Age
36.7
Median Income
$26,016
Dwelling Value
$230,248
Housing Tenure
Owners 36%
Renters 64%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 3,087.7/km²
Avg Shelter Cost: $1,014/mo
Owners with Mortgage: 65%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 47.4%
English only: 92.4%
English and French: 5.9%
Neither: 0.8%
Median Household Income: $41,173
Median Employment Income: $28,384
Price History
Listed
June 22, 2026
by Realtymonx
Current Price
$1,399,996
-9.7% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,399,996 | $150,000 (-9.7%) |
| Sep 23, 2026 | $1,549,996 | Listed |
