Wood
645 Main Street
Penticton, BC
Canada V2A 5C9
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
Mission Statement:
Behind every real estate transaction
there is always a person or family involved.
Buying or selling a home is the most
important financial transaction that a person will make in their life. Our goal, at the Wood Team, is to ensure a
smooth and efficient process in our personalized real estate service.
We
Believe that trust is obtained through honest communication and follow-through.
Vision Statement:
To be known in the real estate community
because of our excellence and integrity.
MEET THE WOOD TEAM:
Mike Wood
As a father of 1 and a stepfather of 4, over the years Mike has been a coach and assistant coach for Soccer and Lacrosse. He is very proud father and plays a variety of sports himself including Slo-Pitch, Pickleball, Water Skiing, Wake Surfing and more.
With over 25 years of real estate experience, he holds licenses from UBC Sauder School of Business in real estate, brokering, strata management, rental property management and mortgage brokering.
Mike
has belonged to many great organizations over the years including serving as a
member of the South Okanagan Real Estate Board and is familiar
with the many great area’s the South Okanagan has to offer
Tricia Radcliffe
With much time spent on a
remote island off the coast of Vancouver Island, and then living off the grid
in BC’s Rocky Mountains, this devoted partner, and mother of 3, is ready to
take on any challenge. Whether it’s homeschooling, volunteer firefighting, or
chasing bears out of the yard, each task is acted on with determination.
With a background in the service industry, Tricia
believes that positive
impact happens with a service attitude and is the number one value in how she
runs her business. Likewise, skillful
practice is paramount to maintaining excellent support, therefore, lifelong
learning and new experiences are a constant in her career. Tricia is licensed from UBC Sauder School of Business in real estate
and is a proud member of the Chamber of Commerce.
Tricia’s priorities in selling real
estate are dependent on who she is serving, because what’s right for you may
not align with someone else. Your priorities are her priorities, and you can
have faith that she will look after your best interest. Selling, buying, both
or neither, her commitment to serving you will not change, ensuring your
transaction is a positive experience.
“ We
enjoy all that our community has to offer and engage in opportunities to meet
new people and participate in local activities and events.”
Would you like to work together? Please don't hesitate to reach out to us, we look forward to hearing from you.
A Trusted Name in Real Estate