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633 Glenwood Avenue | $1,499,900
Jerri Van Prec* Agent Photo
Jerri
Van Prec*
C. (250) 319-7008
 P. (250) 374-1461
 Phone Jerri www.jerrivan.com
ROYAL LEPAGE WESTWIN REALTY
800 Seymour Street
 Kamloops, BC
 Canada V2C 2H5

Details

%
Years (35 year max)
Years



Address 633 Glenwood Avenue
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,499,900
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® #10333380

Potential to BUILD A 6 STORY BUILDING WITH UP TO 36 UNITS ON THIS ONE LOT! 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 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 • 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

Listed by ROYAL LEPAGE KELOWNA

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About

Jerri has been a Realtor® in Kamloops for the past 13 years granting her extensive knowledge of the Kamloops market. In 2014-2020 she was awarded the Diamond Award, in 2016 she was awarded the Lifetime Award of Excellent, and in 2017 she was awarded the Red Diamond Award from Royal LePage as one of the top real estate sales representatives in Canada.

Jerri currently works on award winning developments throughout the city of Kamloops and has been an integral part of the design and marketing of these developments. She is very educated on multi family sites, has a good understanding of Geo Thermal buildings, and Built Green construction. With her background in design she is able to help with staging homes and helping her clients see the potential in existing homes.

Jerri is well-known in the community with being an active member of the Canadian Home Builders Association – Central Interior, volunteering her time with the Y Dream Home. She has also been on the board of Project X Theatre: Theatre Under the Trees for the past 4 years. She continues to look for opportunities and help out within the community whenever possible.

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