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633 Glenwood Avenue | $1,550,000
RJ Toor* PREC Agent Photo
RJ
Toor* PREC*
C. (778) 220-7653
 P. (250) 374-3331
 Phone RJ
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
 Kamloops, BC
 Canada V2C 2E5

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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About

RJ Toor

REALTOR®

rjtoorremax@gmail.com

RJ learned integrity, honesty and a strong work ethic as a child. They're traits that form the core values of his thriving business and he wouldn't have it any other way. Coupled with a solid foundation in today's latest technology, extensive sales experience and excellent communication skills, he offers a unique blend of expertise that keeps his clients coming back. RJ has been around real estate for a lifetime. As the eldest child in an immigrant family - where strong work ethic was learned - he was the only English speaker and the one his family leaned on, translating property transactions and dealing with bankers, lawyers, mortgage brokers and Realtors. So, it was natural for him to go into real estate. But first, he carved out a 22-year career in automotive industry and business management.

The real estate industry has changed dramatically over the years and, in this environment, RJ's extensive knowledge and sales and negotiating skills are especially valued. He is one of the select few agents to achieve Top Ten status in his first full year as a Realtor. And he was voted Best Realtor 2012 by the Readers Choice of Kamloops Daily News. This level of success means RJ, who specializes in residential and commercial real estate, earns referrals and repeat business from his many satisfied clients. He has deep roots in Kamloops, having lived in the community for many years with his wife, three children, and their Golden Mountain Doodle Maverick. A hockey enthusiast (he also enjoys skiing, wakeboarding and RVing), RJ is a strong proponent of volunteering and giving back. He has served extensively as a director on minor hockey boards in both Prince George and Kamloops and has been a team manager for several teams. Currently RJ is a board member with Kamloops Hospice Association as a Treasurer. Always calm under pressure and with a keen ability to really listen to his clients to understand their needs, he believes his greatest contribution is to be their trusted advisor, their advocate. They know they can count on him for an honest, thoughtful analysis of the market and local home  values and trends, and to help them navigate the complex buying and selling process. Put him to work for you today.



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