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Sexsmith Prec*
210-347 Leon Avenue
Kelowna, BC
Canada V1Y 8C7
Details
Address | 328 Glenmore Road |
Area | Central Okanagan |
Sub Area | GL - Glenmore |
State/Province | British Columbia |
Country | Canada |
Price | $1,999,700 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 1 |
Floor Space | 2577 Square Feet |
Lot Size | 0.89 Acres |
Waterfront | No |
Year Built | 1973 |
Taxes | $5,056 |
Tax Year | 2024 |
MLS® # | 10323631 |
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential with mixed MF3 & MF1 zoning, contingent on a three lot subdivision. Current zoning rights and preliminary discussions with the city and a planning consultant indicate the potential to subdivide into two MF1 lots, each allowing for two six-plex buildings, and one MF3 lot with a higher-density apartment (1.3 – 1.8 FAR), yielding 20,000 buildable sqft. Note, the city does not support rezoning the full lot to MF3. Additionally, a road dedication to connect McTavish Rd through the property is required to facilitate subdivision. This prime location provides a unique opportunity for developers to maximize their investment in a growing area.
Listed by ROYAL LEPAGE KELOWNA