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633 Glenwood Avenue | $1,550,000
Chris Albert Agent Photo
Chris
Albert
C. (250) 304-8963
 P. (250) 480-3000
 Phone Chris chrisalbert.ca
Fair Realty
100 - 131 7th Avenue
 Cranbrook, BC
 Canada V1C 2J3

Details

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Years



Address 633 Glenwood Avenue
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,550,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms3
Half Baths1
Floor Space2120 Square Feet
Lot Size0.18 Acres
WaterfrontNo
Year Built1964
Taxes $4,478
Tax Year2024
MLS® #10323175

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 by blending neighbouring properties 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 by blending neighbouring properties. • 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 https://drive.google.com/file/d/1nnRRM1iGSNHbZ5zrNUv8SJ7qGVlfjmDq/view

Listed by ROYAL LEPAGE KELOWNA

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About

Having spent the past 22 years in Castlegar, and having lived across Canada, I can't think of a place I would rather be. We have a great community and an environment that makes you feel as if you're always on vacation. It has been an absolute pleasure to become a member of the community and to help others to join it.

In 2006 I obtained my Real Estate License in Castlegar. After 2 successful years in the industry I completed my Brokers License and became an Associate Broker.

I have found that selling real estate is not a job on the side, or a 9-5 job, it's a lifestyle. I work 24/7 to provide you with a standard of service that is hard to find.

So if you're in search of a Realtor who holds Honesty, Quality over Quantity and Dedication above all else then please give me a call. And with 100% satisfaction, I'm not afraid to list any of my references.

I look forward to the opportunity of working with you!

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