Dallas Markovina PREC* - 250-870-6145

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Single Family in Kelowna

$1,800,000.00
633 Glenwood Avenue - MLS® #: 10314537
  • (176)
  • 104
  • 66
  • 3 Bedrooms
  • 3 Bathrooms
  • 2120 Sq Ft
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Dallas Markovina PREC*
Contact Agent
250-870-6145

Property Type

Single Family

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:6769)

Property Details

Subarea
Kelowna South

Lot
0.18

Year Built
1964

Sewer
Municipal sewage system

Flooring
Carpeted,Hardwood

Parking Type
3

Rooms Dimension

RoomFloorDimension
DenSecond level13'4'' x 6'4''
4pc Ensuite bathSecond level9'9'' x 9'6''
Primary BedroomSecond level14'7'' x 16'6''
Dining nookMain level10'2'' x 8'
Laundry roomMain level14'2'' x 6'5''
Partial bathroomMain level5' x 4'6''
Full bathroomMain level6'3'' x 7'7''
BedroomMain level11'2'' x 9'5''
BedroomMain level10' x 11'2''
Family roomMain level16'6'' x 13'
KitchenMain level13'6'' x 14'
Dining roomMain level10' x 8'5''
Living roomMain level21'6'' x 13'2''

Listing Agent

Kaila Klassen
(250) 460-1840

Brokerage

Royal LePage Kelowna
(250) 860-1100

Disclaimer:

The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated date: 2024-06-02 20:29:33




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