Munday* PREC*
484 Main Street
Penticton, BC
Canada V2A 5C5
Details
Address | 633 Glenwood Avenue |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $1,550,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 3 |
Half Baths | 1 |
Floor Space | 2120 Square Feet |
Lot Size | 0.18 Acres |
Waterfront | No |
Year Built | 1964 |
Taxes | $4,478 |
Tax Year | 2024 |
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
Location
About
Dori is Penticton Born and Raised. She has been selling real estate for 15 years. Working with the other rockstars at Royal LePage, the #1 company in Penticton for the past 35 consecutive years. We have over 60% market share and over 55 awesome agents.
https://www.penticton-realestate.com
Helping you achieve the best-desired outcome through skillful negotiations coupled with strong agent - agent relationships. Dori is a Master Certified Negotiation Specialist. Dori sells on average over 40 homes a year and specializes in Buyers Agency.
Red Diamond Award Winner - Top 2%
Office ranked Top Individual Agent
- Presidents Gold (Top 10%) 2007-2019
- Award of Excellence (Top 10% for 5 consecutive years) 2015 +2019
- Directors Platinum Award (Top 3%) 2010+2017+2018
- Lifetime Achievement Award (Top 10% (or better) for 10 consecutive years) 2017, 2018, 2019
Testimonials? I can deliver pages of recommendations from satisfied buyers and sellers.
http://www.penticton-realestate.com/about-dori/testimonials#.VevP8_ZViko
Looking to learn more about living in Penticton? - Call Dori for a Buyers consultation.