Marshall
306 Broadway Street Po Box 40
Nakusp, BC
Canada V0G 1R0
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
Nakusp has been my home for the past 63 years. I love it here! We have all of the essential amenities and the Arrow Lakes Valley is truly a 4 season playground. I have been married for 36 years and we have 4 great kids. We have been involved in minor hockey, soccer and baseball over the years; as well as, 18 years on the Mixed Slo-Pitch Society. I am proud to have been involved in maintaining and building our ball fields. I'm still strapping on the pads for the Old Timer's Hockey Club and I also belong to the Badminton Club. My other interests include camping, boating, quadding, snowmobiling, gardening & hobby farming. I have enjoyed being a REALTOR ® for 31 years. Prior to that, I was a carpenter for 15 years. I believe my background in construction has helped me with the marketing of old and new houses alike. I strive to represent all of my clients respectfully and fairly, in a professional manner. Contact me today!