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633 Glenwood Avenue | $1,550,000
John Green* Agent Photo
John
Green*
C. (250) 486-5353
 P. (250) 492-2266
 Phone John http://www.teamgreen.ca
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

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Years



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

John Green, Founder of Green Real Estate Group, has been passionately working as an agent for over 15 years under the principle of “not your typical REALTOR®.”  The team is one of the most successful in the South Okanagan.  John is most proud of the personal attention and care every client receives. The “clients before commissions” philosophy has grown the business faster than he could ever have imagined.  His entrepreneurial side has led him to build several multi-family projects, rezone and subdivide properties for himself and clients, and market and sell Penticton’s largest subdivision to date.  John and his team’s attention to detail and passion have helped them receive numerous awards for their work in the residential market including the honour of the #1 Commercial Real Estate Team in the South Okanagan for the past 3 years running.

John’s previous adventures working on a commercial fishing boat in Alaska and working in cinematography on Hollywood’s biggest films has prepared him to guide his clients with all their endeavours. Purchasing and selling homes is far more than bricks and mortar, it’s about people and their life goals. 

John is married to an incredible and patient woman.  Their 2 girls keep him busy and proud.  Coaching his girl’s fastball and volleyball has hurt his golf game immensely; however, he said, “It’s worth it!”

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