Kamilla Musseau
Referral Partner
Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot. Central location in a well-established residential neighbourhood. Potential holding income from the existing 5-bedroom & 3-bathroom single-family home until the property is ready for redevelopment. It is currently stated in the zoning bylaws, that the purpose of MF1 zoning is to provide a zone for infill development within the core area of the City (which the subject property is limiting development to 6 ground-oriented residential units or less. A potential for bare land stratification could allow for more units. (id:6289)
| Avg. asking price | $1,398,037 |
| Price per sq. ft. | $614 |
| Median price | $974,950 |
| Number of homes for sale in Glenmore | 118 |
| Number of homes for sale in Kelowna | 1891 |
| Avg. Days on Market | N/A |
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