Cowling
484 Main Street
Penticton, BC
Canada V2A 5C5
Details
Address | 328 Glenmore Road |
Area | Central Okanagan |
Sub Area | GL - Glenmore |
State/Province | British Columbia |
Country | Canada |
Price | $1,999,700 |
Property Type | Residential Development |
Lot Size | 0.89 Acres |
Waterfront | No |
Taxes | $4,935 |
Tax Year | 2023 |
MLS® # | 10315856 |
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential with mixed MF3 & MF1 zoning, contingent on a three-lot subdivision. Current zoning rights and preliminary discussions with the city and a planning consultant indicate the potential to subdivide into two MF1 lots, each allowing for two six-plex buildings, and one MF3 lot with a higher-density apartment (1.3 – 1.8 FAR), yielding 20,000 buildable sqft. Note, the city does not support rezoning the full lot to MF3. Additionally, a road dedication to connect McTavish Rd through the property is required to facilitate subdivision. This prime location provides a unique opportunity for developers to maximize their investment in a growing area.
Listed by ROYAL LEPAGE KELOWNA
Location
About
Geoff Cowling has been helping clients make good real estate decisions since 1986, selling hundreds of properties in all kinds of market conditions. He has been a landlord, tenant, house and condo owner, vacation homeowner, strata corporation chairman, investor, renovator, general contractor on his family home, and a relocation buyer and seller. This helps him to understand your situation, and then help you to find a solution. This experience, and attention to detail, will help you to avoid costly and time consuming problems, giving you a real edge in a competitive market place.
Geoff is a Diamond Award winner, honouring the top 3% of all Royal LePage REALTORSĀ® in Canada. He also served a five year term at the South Okanagan Real Estate Board, serving as Chair of the Professional Standards Committee, Chair of the Finance Committee, Vice-President, and then as President of the 300+ REALTORĀ® Board.
When not working, Geoff is an avid life-long skier, and also enjoys golf, mountain biking, hiking, and keeping fit. He appreciates time with his wife Lisa, and daughters Melissa and Emily. He is a long time supporter of the Children's Miracle Network, the Royal LePage Shelter Foundation, and volunteered for years in the Soupeteria soup kitchen.
Much of Geoff's business involves repeat clients, and people he has met through a word-of-mouth recommendation. You will always feel well informed, and able to make decisions in a pressure-free environment, that's a promise.
Geoff would enjoy the opportunity to help you, when you feel the time is right!