Hedrich
Box 459
Chase, BC
Canada V0E 1M0
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
I joined the Riley & Associates team in 2000. My real estate career began in 1993. These years of licensing gave me extensive knowledge to make selling or buying a home as easy and worry free as possible. I was born in Germany and moved from Ontario to the beautiful Shuswap area in 1999. Specializing in acreages and rural properties, I use my fluency in German to aid foreign investors and newcomers to Canada.
Ich bin das deutsche Mitglied des Riley Teams. Seit 1981 lebe ich mit meiner Familie in Kanada und habe das wunderschöne B.C. meine Heimat gemacht. Ich bin seit 1993 Makler und habe Zugang zu Geschäften sowie wunderschönen Grundstücken von denen man nur träumen kann. Ob sie einen Bauernhof oder ein schönes Grundstück mit Rundstammhaus wollen, es ist noch alles erhältlich hier in Kanada. Wenn Sie Unterkunft oder einen deutschen Dolmetscher brauchen, es ist kein Problem, ich kann das alles organisieren. Ich freue mich über ihren Anruf.