425 Glenwood Avenue | $1,349,000
Sergej Sinicin* Agent Photo
Sergej
Sinicin*
C. (236) 300-2737
P. (833) 817-6506
Phone Sergej http://www.neuhouzz.ca
EXP REALTY
645 Main Street
Penticton, BC
Canada V2A 5C9

Details

%
Years (35 year max)
Years



Address 425 Glenwood Avenue
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,349,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms3
Half Baths0
Floor Space1925 Square Feet
Lot Size0.18 Acres
WaterfrontNo
Year Built1953
Taxes $4,155
Tax Year2024
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


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About

Sergej was born in Riga, Latvia.  At the young age of 16, he ventured out on his own and moved to Canada with only $200 in his pocket.  He later married a local girl from Saskatchewan and together they worked tirelessly to build and establish several successful businesses.  Destined for new beginnings, Sergej and his wife, Laura, capitalized and sold two of their companies in 2012, planning to retire in the heart of the beautiful Okanagan (Penticton) at an early age of 34.

Applying his "3-D" principles (Discipline/Desire/Dedication) along with his core values of integrity, accommodating the needs of his clients, and delivering “Above-and-Beyond” service, Sergej has been successful in all of his past business endeavors.

Sergej has a strong background in house construction, metal fabrication, sales, and marketing.  His fluency in English, Russian and Latvian has been supportive in his experience, allowing him to improve business relationships with foreign clients. Another one of Sergej's core values is to give back to the community, which led him to join a local volunteer Fire Department in 2013.  He is very passionate about this and feels fortunate to be a part of such an elite group of people.

The beautiful outdoors is one of the main reasons Sergej moved to the Okanagan with his family. In winter he enjoys carving through deep powder at Apex;  in summer you may find him on the water, behind a boat, enjoying a 'skookum wake' while surfing with friends and family.

Sergej Sinicin is a member of the Canadian Real Estate Association and subscribes to its strict Code of Ethics.