1225 Mountain Avenue | $2,995,000
Kris Mclaughlin Prec* Agent Photo
Kris
Mclaughlin Prec*
P. (250) 717-5000
 Phone Kris https://www.commercialbc.com
RE/MAX KELOWNA
100 - 1553 Harvey Avenue
 Kelowna, BC
 Canada V1Y 6G1

Details

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Years (35 year max)
Years



Address 1225 Mountain Avenue
AreaCentral Okanagan
Sub AreaGL - Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$2,995,000
Property TypeSingle Family - Detached w/Acreage
Floors in Building0
Bedrooms3
Bathrooms3
Half Baths1
Floor Space2996 Square Feet
Lot Size1.27 Acres
Year Built1975
ParkingCarport
Taxes $5,311
Tax Year2022
MLS® #10271548

This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. The existing 2,496 SF, 5-bedroom, 3-bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district.

Location

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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