Personal Real Estate Corporation*
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
With a passion for helping people and a commitment to excellence, I strive to provide top-notch service and deliver successful outcomes as your trusted Realtor. Whether you're seeking your dream property or aiming to sell your current one, rest assured that my dedication remains unwavering.
Grounded in compassion, integrity, trust, and hard work, my core values guide every interaction and decision.
Having transitioned from a dynamic career in Toronto's financial sector to embracing the serene beauty of the Okanagan, I bring valuable insights into diverse environments and lifestyles. Recognizing the importance of time and prioritizing your needs underscore my approach.
Real estate has long captivated my interest, cultivated since my early property investments in my 20's. Beyond real estate, my passions extend to art, painting, outdoor pursuits, and cherishing moments with loved ones—including my faithful companion, Dusty, whom you might spot me walking along Lakeshore Dr.
Engagement within the community is integral to my ethos. Currently serving as Vice-President on the Board of Directors for the Penticton Art Gallery and contributing to the Children's Showcase nonprofit, I am dedicated to fostering a vibrant community while leading a balanced lifestyle.
Please don't hesitate to reach out with your real estate inquiries. I'm here to support you every step of the way.