Raven
1214 7th Avenue Box 2280
Invermere, BC
Canada V0A 1K0
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
Bernie Raven has been one of the Valley top-producing realtors in the Columbia Valley for the last 27 years. He prides himself in his commitment to his clients, quick response, and attention to detail. His success is due to hard work, honesty, dedication and two very important ingredients reputation and respect. He feels these 5 things will make you or break you. Bernie was born and raised in the Columbia Valley which is where he raised his family.
MaxWell Realty President's Award 2010, 2011, 2012, MaxWell Realty Chairman’s Award 2013, MaxWell Realty Chairman’s Award, Top Team and Hall of Fame 2014, MaxWell Realty President's Award, Top Team 2015, MaxWell Realty President's Award 2016, President’s Award and Pinnacle Award 2017, MaxWell Realty President's Award 2018, Director’s Award 2019, Chairman’s Award 2020, Summit Award 2020, Chairman’s Award 2021, Summit Award 2021, Summit Award 2021 and Top MaxWell Team 3rd by production.
RE/MAX Platinum Club, RE/MAX Chairman’s Club, RE/MAX Hall of Fame, top 100 in Canada for 2007, top 100 in Western Canada for 2008, Gold Club Award Top 10% in the Kootenay Real Estate Board.