Rob McGloin
Questions? Call: (778) 721-4349
MLS® 10392418 is as 2,120sqft House located at 633 Glenwood Avenue, in Kelowna British Columbia. The property features 3 bedrooms, and 3.00 bathrooms.
Potential to BUILD A 6 STORY BUILDING with desirable MF4 zoning! Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained rental house, this expansive property offers immediate rental income while you plan your development. With MF4 zoning that allows for a 6-story building and located in a parking exempt zone, the potential for high returns on investment is immense. Close Proximity to shops, restaurants, services and steps away from the Kelowna General Hospital. Additionally, located within close proximity to Okanagan Lake. Key Features: • Zoning: MF4 zoning ideal for 6 story residential development with minimal parking restrictions • Current Structure: Charming, income-generating house currently leased to reliable tenants for $3,650.00 per month. Casita in backyard which creates the potential for additional square footage and rental income • Location: Situated in a highly desirable area with robust market demand, ensuring strong appreciation potential. • Accessibility: Excellent transport links and proximity to major roads, public transport, shopping centres, schools, and recreational facilities. • Future Development: Perfect canvas for developers looking to build residential apartments, Potential FAR of max 2.8. (id:6289)
| Avg. asking price | $1,150,038 |
| Price per sq. ft. | $684 |
| Median price | $925,000 |
| Number of homes for sale in Kelowna South | 234 |
| Number of homes for sale in Kelowna | 2098 |
| Avg. Days on Market | N/A |
Single Family
Kelowna, British Columbia
For More Information Please Click The Brochure Button Below. Future Development Potential - Ocp 2040 Future Land Use C-nhd Core Area Location Upon Municipal Approval. City Growth Supports Infill Multi-unit Housing. Price Indicative Of Land ...(more)
Single Family
Kelowna, British Columbia
Location, Location, Location! Be A Part Of This Highly Desired Kelowna S Neighbourhood With This One Of A Kind Offering! This 2 Bedrrom/den/2 Bathroom Heritage Home Is A Staple In The Area And Brings The Special Character That Only This Spo ...(more)
Single Family
Kelowna, British Columbia
Exciting Development Opportunity! Prime Corner Location At Glenmore Drive And High Road Offers A 1.4-acre Land Assembly Opportunity. Potential For A 6-story Residential Building With Ground-level Commercial Upon Rezone To Mf3 Zoning. Strate ...(more)
