Jones
201 - 311 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 425 Glenwood Avenue |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $1,349,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 1925 Square Feet |
Lot Size | 0.18 Acres |
Waterfront | No |
Year Built | 1953 |
Taxes | $4,155 |
Tax Year | 2024 |
MLS® # | 10316621 |
Welcome to this rare opportunity of prime development property with huge potential in the prestigious Kelowna South. With recent zoning changed to MF4, this property offers tremendous potential for redevelopment, ranging from infill housing to six-story apartments. Ideally located just a few steps away from Kelowna General Hospital, pristine beaches, Abbott Corridor, and only minutes from downtown and the vibrant Pandosy Village, this home is at the heart of everything you need. The current home features two spacious bedrooms upstairs and a one-bedroom in-law suite downstairs. The basement suite includes its own laundry and a private entrance. The entire home is rented to month-to-month tenants. This property is ideal for rental income while it awaits redevelopment. Rear laneway access provides convenient parking behind the fenced backyard which is currently rented out by the owners to the hospital employees. Seize this unique opportunity to own a property with endless possibilities.
Listed by EXP REALTY
Location
About
As a REALTOR ®, Wendy's primary business priority is to maintain integrity in every single transaction she does. She takes the time to listen your specific needs while being prompt to act on your behalf. Taking an open and honest approach has been, and continues to be, her foundation. As an outdoor enthusiast, she enjoys the many activities the south Okanagan has to offer such as rock climbing, cycling, and hiking. Whether you are buying, selling, or investing, Wendy will be happy to be a part of your journey.