Sinicin*
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
Sergej was born in Riga, Latvia. At the young age of 16, he ventured out on his own and moved to Canada with only $200 in his pocket. He later married a local girl from Saskatchewan and together they worked tirelessly to build and establish several successful businesses. Destined for new beginnings, Sergej and his wife, Laura, capitalized and sold two of their companies in 2012, planning to retire in the heart of the beautiful Okanagan (Penticton) at an early age of 34.
Applying his "3-D" principles (Discipline/Desire/Dedication) along with his core values of integrity, accommodating the needs of his clients, and delivering “Above-and-Beyond” service, Sergej has been successful in all of his past business endeavors.
Sergej has a strong background in house construction, metal fabrication, sales, and marketing. His fluency in English, Russian and Latvian has been supportive in his experience, allowing him to improve business relationships with foreign clients. Another one of Sergej's core values is to give back to the community, which led him to join a local volunteer Fire Department in 2013. He is very passionate about this and feels fortunate to be a part of such an elite group of people.
The beautiful outdoors is one of the main reasons Sergej moved to the Okanagan with his family. In winter he enjoys carving through deep powder at Apex; in summer you may find him on the water, behind a boat, enjoying a 'skookum wake' while surfing with friends and family.
Sergej Sinicin is a member of the Canadian Real Estate Association and subscribes to its strict Code of Ethics.