328 Glenmore Road | $1,999,700
Andrew Newton Prec* Agent Photo
Andrew
Newton Prec*
ROYAL LEPAGE KELOWNA
#1 - 1890 Cooper Road
Kelowna, BC
Canada V1Y 8B7

Details

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Address 328 Glenmore Road
AreaCentral Okanagan
Sub AreaGL - Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$1,999,700
Property TypeResidential Development
Lot Size0.89 Acres
WaterfrontNo
Taxes $5,056
Tax Year2024
MLS® #10331069

Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential. Current zoning rights and preliminary discussions with the city and a planning consultant indicate two possible development options. The first option is a rezone to MF2, which would allow for up to 20 townhomes. The second option is a three-lot subdivision: two MF1 lots west of McTavish, each accommodating a six-plex building, and one MF3 lot bordering Glenmore Rd, with a higher-density apartment (1.3–1.8 FAR), yielding 20,000 buildable square feet. A road dedication to connect McTavish Rd through the property may be required for subdivision. The city has indicated it does not support rezoning the full lot to MF3. This prime location offers a unique opportunity for developers to maximize their investment in a growing area.

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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