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633 Glenwood Avenue | $1,550,000
Tanya Grant Agent Photo
Tanya
Grant
C. (250) 864-8484
 P. (250) 717-5000
 Phone Tanya tanyagrant.ca
RE/MAX KELOWNA
100 - 1553 Harvey Avenue
 Kelowna, BC
 Canada V1Y 6G1

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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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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

Being a business owner since 1995 has helped me focus on providing excellent customer service. My attention to detail and organizational skills are second to none. I excel at identifying my clients' needs and helping them achieve their goals. I am a student of negotiations with my Master Certified Negotiation Expert ( MCNE) designation.

 I am constantly striving to further my education, bringing even more skills and value to the table. Several years ago,  I obtained my Certified Luxury Home Marketing Specialist Designation. (CLHMS) I have custom built and renovated numerous personal homes and investment properties, while working with builders, contractors, and various trades. Having lived in major centres, in the isolated North, and small towns across the country, I am more convinced every day that Kelowna is, without a doubt the best place in Canada to call home!!

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