Lewis
444 School Avenue, Box 220
Oliver, BC
Canada V0H 1T0
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
Mathew had always showed an interest in entrepreneurial activities and has a natural attraction to real estate. First Licensed in 2003, lots has changed in the real estate industry in British Columbia. In 2005 Mathew graduated with his Undergraduate Degree from the University of British Columbia. Mathew’s upbringing in the real estate industry has been one he has been around his entire life. A year after graduating University, Mathew and his mother Karen, founded RE/MAX Wine Capital Realty in downtown Oliver, BC in 2006. It is now the largest real estate company in Oliver and specializes in all facets of Real Estate including Property Management, Strata Management and of course, Real Estate Sales and Marketing. Mathew is driven and a sales leader: He prides in meeting and exceeding expectations and pushing the marketing envelope for both his customers and his brokerage. 16 years later, (2019) Mathew has been involved in the sale over a thousand of properties including residential, commercial, business, industrial and farming opportunities. Mathew has been fortunate enough to be a recipient of internationally recognized sales achievement awards for EVERY Year since 2005 in the Re/MAX International System. No Job is too big or small! In 2009, Mathew also obtained his Real Estate Broker’s Management License. In 2014 Mathew obtained the RE/MAX International Director's Platinum Award-- granted to less than 5% of all RE/MAX Agents WORLDWIDE-- Not Just in Canada! Recently in 2019, Mathew was awarded the Coveted RE/MAX Lifetime Achievement Award at the Re/MAX International Convention in Las Vegas, NV.
Mathew enjoys glam-ping (fancy camping), fishing, hunting, cooking and the great outdoors. Mathew loves to help out his community any way that he can. He is actively involved in the South Okanagan Sportsmen's Association as a director where he teaches the Outdoor Safety Program administered by the Province of BC on behalf of the BC Wildlife Federation. Mathew has just celebrated his 13th Wedding Anniversary with his wife, Jodie. Mathew and Jodie have two wonderful children-- the purpose in his life: Ripley aged 5 and Adrianna, 3. Mathew and his family live in Oliver and love it!