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$1,199,900

Est. payment - /mo

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3 Beds

3 Baths

2,120 SqFt

Active

633 Glenwood Avenue Kelowna, BC V1Y5M2

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Andrew Loewen

andrew.loewen@exprealty.com +1(250) 801-6713

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2120

Square Footage 2,120 sqft

Price per Sqft $565

Subdivision Kelowna South

MLS® Listing ID 10392418

Bedrooms 3

Half Baths 1

Year Built 1964

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Freehold

Property Description

Potential to BUILD A 6 STORY BUILDING with desirable MF4 zoning! 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:24570)

Location

Province BC

Rooms

Kitchen 1.0

Extra Room 1 Second level 13'4'' x 6'4'' Den

Extra Room 2 Second level 9'9'' x 9'6'' 4pc Ensuite bath

Extra Room 3 Second level 14'7'' x 16'6'' Primary Bedroom

Extra Room 4 Main level 10'2'' x 8' Dining nook

Extra Room 5 Main level 14'2'' x 6'5'' Laundry room

Extra Room 6 Main level 5' x 4'6'' Partial bathroom

Interior

Heating Heat Pump, See remarks

Cooling Heat Pump

Flooring Carpeted, Hardwood

Fireplaces Number 1

Fireplaces Type Unknown

Exterior

Parking Features Yes

Fence Fence

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 3

Garage Yes

Private Pool No

Building

Lot Description Underground sprinkler

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by Royal LePage Kelowna

NEARBY SCHOOL & BUSINESS

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Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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633 Glenwood Avenue Kelowna, BC V1Y5M2

Andrew Loewen

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

633 Glenwood Avenue