Salmon
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
Laura Salmon Epitomizes Integrity, Energy, Hard Work, Patience and Creative service in every detail of your real estate transaction. Laura has been a licensed Real Estate agent since 2008, starting in Alberta and following her heart to BC. Laura is Your #1 Choice for All your Real Estate Needs in The Kootenay’s.
Laura has consistently shown the ability to satisfy clients in buying and selling of their homes. She has the advantage of providing Real Estate services in BC & previously Alberta. Using her experience and foresight to proactively address details before they become a problem.
Whether you are buying or selling I understand the process can often be challenging and complicated. I focus on taking the pressure off of you, so you can make clear and concise decisions throughout the process. My clients receive the utmost care and accurate knowledge that is above and beyond. I look forward to helping you with All your Real Estate needs.