Gentles*
601 Baker Street
Nelson, BC
Canada V1L 4J3
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
For 43 years I have been committed to providing my clients and customers with the highest level of personal service, professional representation and technical expertise in a no pressure environment. I like to play Devils Advocate for my clients to keep them grounded during what is usually a highly charged emotional process ensuring they have weighed all of their options.
With compassion and caring I seek to understand and satisfy your every need. For a no pressure experience please make me your Kootenay REALTOR®.
I provide real estate services such as Homes for Sale, Commercial Properties for Sale, Land for Sale and Advice on Real Estate in Nelson, BC as well as Kaslo, Salmo, Slocan, Passmore, Castlegar, Winlaw, Kootenay Lake Region and the Slocan Valley.
Whether buying a home or selling your property, drop by or email and let me be "Your key to the Kootenays®"!