Homes for sale - 633 Glenwood Avenue, Kelowna, BC V1Y5M2

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Julie Candy

julie@faithwilson.com +1(250) 681-3147

$ 1,550,000

Est. payment | -/mo

3 Beds

3 Baths

2,120 SqFt

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$ 1,550,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

2,120 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,120 sqft

Price per Sqft $731

Subdivision Kelowna South

MLS® Listing ID 10323175

Bedrooms 3

Half Baths 1

Originating Board Association of Interior REALTORS®

Year Built 1964

Lot Size 7,840 Sqft

Acres 7840.8

Property Description

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:24570)

Location

Province BC

Zoning Unknown

Rooms

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 Type Unknown

Exterior

Parking Features No

Fence Fence

View Y/N No

Roof Type Unknown

Total Parking Spaces 3

Private Pool No

Building

Lot Description Underground sprinkler

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by Royal LePage Kelowna

"Every home has a sweet story."

+1(250) 681-3147

julie@faithwilson.com

1156A Ellis Street, Kelowna, BC, V1Y 0J5, CAN

633 Glenwood Avenue Kelowna, BC V1Y5M2