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633 Glenwood Avenue | $1,550,000
Jenny Francisco Agent Photo
Jenny
Francisco
C. (250) 770-0199
 P. (250) 770-8671
 Phone Jenny www.jennyfranciscohomes.com
CENTURY 21 AMOS REALTY
104 - 383 Ellis Street
 Penticton, BC
 Canada V2A 4L8

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

Representing Penticton and the South Okanagan homeowners and future

homeowners/investors, Jenny is committed to listening to her client’s needs and

using her negotiating skills to ensure a successful transaction.

Raised in Penticton, Jenny understands the numerous benefits of life in the

South Okanagan, with its four seasons to fully enjoy, she can attest that raising

her three daughters with her husband, is a wonderful place to raise a family.

Jenny has been doing property management for 34 years in the South

Okanagan and began her real estate career in 2007. Continuing to do both is

rewarding in assisting clients find their temporary or forever home. Jenny

specializes in residential and investment properties which go hand in hand with

her expertise in property management.

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