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633 Glenwood Avenue | $1,550,000
Keri-Lynn Burgart Agent Photo
Keri-Lynn
Burgart
C. (250) 494-7321
 P. (250) 494-7321
 Phone Keri-Lynn http://www.movetosummerland.ca
GIANTS HEAD REALTY
13200 Victoria Road N
 Summerland, BC
 Canada V0H 1Z0

Details

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Address 633 Glenwood Avenue
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,550,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms3
Half Baths1
Floor Space2120 Square Feet
Lot Size0.18 Acres
WaterfrontNo
Year Built1964
Taxes $4,478
Tax Year2024
MLS® #10323175

Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained rental house, this expansive property offers immediate rental income while you plan your development. With MF4 zoning that allows for a 6-story building by blending neighbouring properties and located in a parking exempt zone, the potential for high returns on investment is immense. Close Proximity to shops, restaurants, services and steps away from the Kelowna General Hospital. Additionally, located within close proximity to Okanagan Lake. Key Features: • Zoning: MF4 zoning ideal for 6 story residential development with minimal parking restrictions by blending neighbouring properties. • Current Structure: Charming, income-generating house currently leased to reliable tenants for $3,650.00 per month. Casita in backyard which creates the potential for additional square footage and rental income • Location: Situated in a highly desirable area with robust market demand, ensuring strong appreciation potential. • Accessibility: Excellent transport links and proximity to major roads, public transport, shopping centres, schools, and recreational facilities. • Future Development: Perfect canvas for developers looking to build residential apartments, Potential FAR of max 2.8 https://drive.google.com/file/d/1nnRRM1iGSNHbZ5zrNUv8SJ7qGVlfjmDq/view

Listed by ROYAL LEPAGE KELOWNA

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Summerland is the perfect setting of natural beauty and small town warmth. I am proud of our "Old English" towne centre and invite you to explore our many treasures. I have been in Real Estate since 1993 and have extensive knowledge of all the nooks and crannies hidden in our beautiful valley. Our daughters grew up here, giving me first hand experience of family activities and of our fantastic schools. Whether your move is for retirement, job relocation, or for that much needed change of pace. Let me be the first to say "Welcome to Summerland, Welcome Home!"

Please call me at 250.494.7321 or  You can also connect with me on facebook as well.


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