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633 Glenwood Avenue | $1,550,000
Ember Shay Agent Photo
Ember
Shay
Jenvey Shay & Associates
 C. (250) 575-7271
 P. (250) 469-9547
 Phone Ember https://scottjenvey.com
SOTHEBY'S INTERNATIONAL REALTY CANADA
104 - 3477 Lakeshore Rd
 Kelowna, BC
 Canada V1W 3S9

Details

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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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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

COMPASSIONATE. STRATEGIC. VERSATILE.

With over 15 years of experience in real estate brokerage management, Ember is a seasoned expert in luxury new developments and custom homes throughout the Okanagan Valley. She has been at the forefront of premium projects, from lakeside resort condominiums to bespoke homes, guiding every phase from acquisition to completion. Ember’s extensive experience, which began with a key role in a private joint venture in West Kelowna, has made her an invaluable liaison between property owners, developers, and contractors.

What sets Ember apart is her academic background in psychology and counselling, which enables her to navigate client interactions with empathy and precision. Her ability to deeply understand the needs of all parties involved in a transaction fosters trust and ensures mutually beneficial outcomes. Ember’s hands-on approach and extensive knowledge of the luxury market make her a critical asset to any real estate project, providing clients with a smooth, guided, and stress-free experience.

Whether you are a first-time homebuyer, looking to sell a cherished home, or investing in new opportunities, Ember is dedicated to guiding you with clear, informed, and effective strategies, ensuring each step of your real estate journey is expertly managed.

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