Radcliffe
P. (833) 817-6506
Phone Tricia Tricia@TheWoodTeam.ca http://TheWoodTeam.ca
645 Main Street
Penticton, BC
Canada V2A 5C9
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
Tricia is an advocate of active living and keeping it local. Ride, ski, hike, boat, eat, breathe, sip wine, enjoy our surroundings, that is her encouragement. She loves to share what's happening in her community with friends and family, and invite others to join in and experience what the Okanagan has to offer.
With a background in the service industry, Tricia believes that positive impact happens with a service attitude and is the number one value in how she runs her business. Likewise, skillful practice is paramount to maintaining excellent support, therefore, lifelong learning and new experiences are a constant in her career.
Tricia’s priorities in selling real estate are dependent on who she is serving, because what’s right for you may not align with someone else. Your priorities are her priorities, and you can have faith that she will look after your best interest. Selling, buying, both or neither, her commitment to serving you will not change, ensuring your transaction is a positive experience.