This listing was posted on ListedBuy.
$1,800,000
633 Glenwood Avenue, Kelowna, BC, V1Y 5M2 - house for sale Listing ID 10314537
Price:
$1,800,000
Summary:
Used
Location:
Kelowna, BC
Description:
Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained saleal house, this expansive property offers immediate saleal income while you plan your development. With MF4 zoning that allows for a 6-story building by blending neighbouring properties 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 by blending neighbouring properties. • 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 saleal 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 3.0. Still available at ListedBuy!
Posted:
May 26 on ListedBuy
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More About this Listing: 633 Glenwood Avenue, Kelowna, BC, V1Y 5M2 - house for sale Listing ID 10314537
633 Glenwood Avenue, Kelowna, BC, V1Y 5M2 - house for sale Listing ID 10314537 is a Vehicle for Sale in Kelowna BC. Find other listings by searching for Cars and Vehicles in Kelowna on Oodle Classifieds.
633 Glenwood Avenue, Kelowna, BC, V1Y 5M2 - house for sale Listing ID 10314537 is a Vehicle for Sale in Kelowna BC. Find other listings by searching for Cars and Vehicles in Kelowna on Oodle Classifieds.