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633 Glenwood Avenue | $1,550,000
Shannon Simpson* Agent Photo
Shannon
Simpson*
C. (250) 328-5138
 P. (250) 492-2266
 Phone Shannon https://www.simpsonsellspenticton.ca
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

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Years



Address 633 Glenwood Avenue
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,550,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms3
Half Baths1
Floor Space2120 Square Feet
Lot Size0.18 Acres
WaterfrontNo
Year Built1964
Taxes $4,478
Tax Year2024
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

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Shannon Simpson epitomizes honesty, energy, hard work, and meticulous detail into every aspect of your real estate transaction. Having thirty years of sales and marketing experience in a variety of leadership roles across Canada, he is eager to bring his strong business background and negotiating skillset to every RE/MAX client he represents, both from a “sellers” and “buyers” perspective.

Before joining the RE/MAX team, Simpson held positions as Publisher & General Manager, Advertising Sales Director, Marketing Director, and Sales & Service Director. He prides himself on a keen ability to drive sales and customer satisfaction while helping his clients become more successful along the way. Communicator, strategic partnership leader, facilitator, and community advocate are words easily associated with Simpson in his daily work life. 

He jumped at the opportunity to join RE/MAX and their talented group of high-performing professionals. He is acutely aware of the dynamics and diversity that make up the very competitive Okanagan Valley real-estate landscape, having spent time in all three major cities of Penticton, Kelowna, and Vernon. He is committed to bringing the same level of professionalism, consistency, and passion to every client, customer, and sales associate he has the pleasure to work with.

Shannon is married to his wife Liza, and together they have three sons. He is an avid golf enthusiast and has spent many weekends over the past few years with Liza on the golf course watching the boys compete in golf tournaments across Western Canada.

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