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633 Glenwood Avenue | $1,550,000
Janet Herron* Agent Photo
Janet
Herron*
C. (250) 486-1907
 P. (833) 817-6506
 Phone Janet http://www.HerronHomes.ca
EXP REALTY
645 Main Street
 Penticton, BC
 Canada V2A 5C9

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

About Janet

Janet’s inspiration as a full service real estate professional is driven by “Creating Happy Clients”!  She services the South Okanagan and connects buyers and sellers to help fulfill their real estate needs in a professional and friendly way.  She is also an licensed insurance & financial processional so she can advise her clients on ways to protect their families, their assets and on creative opportunities to make their hard earn money work for them.

As a natural people person, she is inspired daily with her work because it changes constantly with every person she meets. “I focus on providing the best service possible in a time when service is being forgotten.  This inspires me to learn more, to be better at what I do, and provide better service.”

Janet first came to the Okanagan in 2008 on a holiday with her husband, who was raised in Penticton, she immediately loved everything about Penticton: the people, the picturesque sceneries of lake, mountains and valleys, the weather, and of course the food and the wine.    “This is a great community with all the necessary amenities to compliment the small town feel.  I love that you can walk down the street and be greeted with a nice hello.  This is truly a place to stay forever!”

I welcome you to come and explore the South Okanagan…


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