$1,550,000
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633 Glenwood Avenue, Kelowna, BC V1Y5M2

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 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 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 https://drive.google.com/file/d/1nnRRM1iGSNHbZ5zrNUv8SJ7qGVlfjmDq/view (id:55598)

  • MLS® 10323178
  • Date Listed09/03/2024
  • Days on Realty 63 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision Kelowna South
  • Property Type Mixed Use
  • Water Public

Interior Features

  • Cooling Heat Pump
  • Heating Heat Pump, See Remarks

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in BC / V1Y5M2

Source: Walkscore

83/100

Very Walkable

Walk Score ®

59/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

20 nearby routes: 20 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 30/100, Bike Score: 59/100.

Frequently Asked Questions for 633 Glenwood Avenue

Source: Realty.com

633 Glenwood Avenue, Kelowna, BC V1Y5M2 is a Mixed Use, Other property listed for $1,550,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

The full address for this home is 633 Glenwood Avenue, Kelowna, BC V1Y5M2.

633 Glenwood Avenue has been listed on Realty.com since Tue September 03, 2024

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 30/100, Bike Score: 59/100.

Listing provided courtesy of: Royal LePage Kelowna (tel: (250) 860-1100)
Listing agent: Kaila Klassen (tel: (250) 460-1840)

This content last refreshed on 2024-11-05 12:27:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 633 Glenwood Avenue, Kelowna, BC V1Y5M2 : MLS® 10323178