Alexander*
258 Seymour Street
Kamloops, BC
Canada V2C 2E5
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
Aron Alexander is not new to the entrepreneurial lifestyle having owned and operated multiple small businesses over the years including an incredibly successful cycling and ski shop in Prince George as well as a drilling company.
Having come from the interior of BC where he experienced a background in property development, new home construction and multiple home renovation flips, Aron decided that the thriving Kamloops area real estate market was where he wanted to be. Not to mention his continued passion for the outdoors, Aron continues to explore the Kamloops region many biking trails and the lake life the area is so known for.