Single Family
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 157 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:6769)
Subarea
North Glenmore
Lot
0.38
Year Built
1972
Sewer
Municipal sewage system
Flooring
Laminate
Parking Type
8
Room | Floor | Dimension |
---|---|---|
3pc Bathroom | Second level | 8'0'' x 8'0'' |
Bedroom | Second level | 12'0'' x 8'0'' |
Bedroom | Second level | 12'0'' x 10'0'' |
Kitchen | Second level | 9'0'' x 8'6'' |
Dining room | Second level | 8'0'' x 8'0'' |
Living room | Second level | 13'0'' x 12'0'' |
3pc Bathroom | Basement | 7'0'' x 5'0'' |
Laundry room | Basement | 12'0'' x 9'0'' |
Den | Basement | 11'0'' x 8'0'' |
Bedroom | Basement | 13'0'' x 12'0'' |
Recreation room | Basement | 16'0'' x 14'0'' |
4pc Bathroom | Main level | 10'0'' x 5'0'' |
Bedroom | Main level | 11'0'' x 11'0'' |
Primary Bedroom | Main level | 13'0'' x 10'0'' |
Kitchen | Main level | 13'0'' x 11'4'' |
Dining room | Main level | 12'0'' x 9'0'' |
Living room | Main level | 16'0'' x 12'6'' |
Kara Rosart
(250) 863-1274
Oakwyn Realty Okanagan
(250) 861-5122
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Listing data last updated date: 2025-04-27 03:06:32