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633 Glenwood Avenue Kelowna V1Y5M2 |
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Price : $1,499,900 |
Listing ID : 10333380
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3
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3
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Property Type : Single Family |
Building Type : House |
Title : Freehold |
Finished Area : 2120 sqft |
Built in : 1964 |
Total Parking Spaces : 3 |
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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 (id:56537)
Call (250)-864-7337 for showing information. |
Details |
Amenities Nearby : - |
Access : - |
Appliances Inc : - |
Community Features : - |
Features : Central island |
Structures : - |
Total Parking Spaces : 3 |
View : - |
Waterfront : - |
Zoning Type : Unknown |
Building |
Architecture Style : - |
Bathrooms (Partial) : 1 |
Cooling : Heat Pump |
Fire Protection : - |
Fireplace Fuel : Gas |
Fireplace Type : Unknown |
Floor Space : - |
Flooring : Carpeted, Hardwood |
Foundation Type : - |
Heating Fuel : - |
Heating Type : Heat Pump, See remarks |
Roof Style : Unknown |
Roofing Material : Asphalt shingle |
Sewer : Municipal sewage system |
Utility Water : Municipal water |
Basement |
Type : Crawl space |
Development : - |
Features : - |
Land |
Landscape Features : Underground sprinkler |
Rooms |
Level : |
Type : |
Dimensions : |
Main level |
Bedroom |
10' x 11'2'' |
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Bedroom |
11'2'' x 9'5'' |
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Dining nook |
10'2'' x 8' |
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Dining room |
10' x 8'5'' |
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Family room |
16'6'' x 13' |
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Full bathroom |
6'3'' x 7'7'' |
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Kitchen |
13'6'' x 14' |
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Laundry room |
14'2'' x 6'5'' |
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Living room |
21'6'' x 13'2'' |
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Partial bathroom |
5' x 4'6'' |
Second level |
4pc Ensuite bath |
9'9'' x 9'6'' |
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Den |
13'4'' x 6'4'' |
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Primary Bedroom |
14'7'' x 16'6'' |
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Data from sources believed reliable but should not be relied upon without verification. All measurements are
approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate
Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently
under contract.
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