Turn-key revenue & high-yield development gem in Central Kelowna! 776 Glenwood Ave is a masterfully renovated property on a prime, flat lot with highly coveted MF1 Infill Housing zoning, permitting up to 6 dwellings! Perfect for families, investors & developers. The upper floor features two bedrooms, a bright, open layout with mountain views, and a brand-new chef's kitchen with a farmhouse sink and premium appliances. The dining area opens to the deck where there is a dual gas outlet for a BBQ and fire-pit hookup. Maximize ROI with the fully legal, 900 sq ft 1-bed/1-bath lower suite featuring its own kitchen, laundry & second fireplace. Extensive upgrades include new flooring, energy-efficient windows, 2026 hot water tank & 2021 furnace and A/C. Outside, the flat, landscaped backyard provides plenty of room for kids, entertaining or future plans, with a 6-seat hot tub, detached single garage & 5 total parking spaces including RV. Located in a fantastic family-friendly area with a great school catchment, just 6 blocks to the beach, an 8-minute walk to KGH & a short stroll to downtown, Pandosy & local colleges. Perfect as well for medical professionals that wish to walk to work. Low maintenance yard with underground irrigation which is totally fenced for all your pets. Live in, rent out, hold for future development, or maximize the density potential - this one checks a lot of boxes! (id:56537)