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633 Glenwood Avenue | $1,550,000
Sheila Chutskoff Agent Photo
Sheila
Chutskoff
C. (250) 575-0718
 P. (250) 480-3000
 Phone Sheila
Fair Realty
191 Baker Street
 Nelson, BC
 Canada V1L 4H1

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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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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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About

Sheila was born and raised just outside of Nelson, British Columbia and has lived in the Okanagan for over 20 years.  She currently does real estate in both the Okanagan and West Kootenay regions.   Sheila attended Royal Roads University in Victoria BC where she completed a Bachelors of Commerce in Entrepreneurial Management. She also has a diploma in Management and Marketing, and a Plant Based Nutrition Certificate from Cornell University. Sheila is the Co-Founder and has worked as a CEO for a franchising fitness chain for over 15 years, and before this, she held the role of Regional Manager with lululemon, where she helped grow the company from 4 to over 150 stores.   Sheila is also a certified yoga instructor and a business coach. 

Her true passion is seeing everyone around her succeed in life.  Sheila has a wide variety of experience in both residential real estate, commercial real estate, and new builds.   Her experience lies in buying, selling, leasing, and interior design.  She has been active in both the residential and commercial real estate market for over 20 years.  

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