Butler
P.o. Box 434
Salmon Arm, BC
Canada V1E 4N6
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
I received my real estate license through the University of British Columbia's Sauder School of Business. I've been a sales and marketing professional for over 25 years and have worked across all Canadian provinces and several states in the USA. As a serial entrepreneur, I helped launch three advertising agencies across Canada, relocating twice to Quebec and once to the United States. I also held the role of Vice President of Marketing for North America at ONNI Real Estate Development prior to pursuing my own career in real estate. I serve the entire region of Shuswap Lake (north and south) including Seymour Arm, and expand my real estate services to the communities of Adams Lake, Chase, Monte Creek, Pinantan Lake, Pritchard and Kamloops.
On a personal note, I love spending as much time as possible with my husband, our son, and our two adopted dogs. You'll mostly catch us enjoying the great outdoors together either hiking, biking, skiing, snowshoeing or boating around Shuswap Lake. I look forward to helping you realize your own real estate dreams in and around the Shuswap. Whether you're looking to buy a new home in the Shuswap or sell your current property, I'd love to help!
Sincerely,
Alycia Butler