iGUIDE 3D allows you to walk through the property in 3d
Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
Details
Address | 328 Glenmore Road |
Area | Central Okanagan |
Sub Area | GL - Glenmore |
State/Province | British Columbia |
Country | Canada |
Price | $1,999,700 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 1 |
Floor Space | 2577 Square Feet |
Lot Size | 0.89 Acres |
Waterfront | No |
Year Built | 1973 |
Taxes | $5,056 |
Tax Year | 2024 |
MLS® # | 10323631 |
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential with mixed MF3 & MF1 zoning, contingent on a three lot subdivision. Current zoning rights and preliminary discussions with the city and a planning consultant indicate the potential to subdivide into two MF1 lots, each allowing for two six-plex buildings, and one MF3 lot with a higher-density apartment (1.3 – 1.8 FAR), yielding 20,000 buildable sqft. Note, the city does not support rezoning the full lot to MF3. Additionally, a road dedication to connect McTavish Rd through the property is required to facilitate subdivision. This prime location provides a unique opportunity for developers to maximize their investment in a growing area.
Listed by ROYAL LEPAGE KELOWNA
Location
iGUIDE 3D
About
Representing Penticton and the South Okanagan homeowners and future
homeowners/investors, Jenny is committed to listening to her client’s needs and
using her negotiating skills to ensure a successful transaction.
Raised in Penticton, Jenny understands the numerous benefits of life in the
South Okanagan, with its four seasons to fully enjoy, she can attest that raising
her three daughters with her husband, is a wonderful place to raise a family.
Jenny has been doing property management for 34 years in the South
Okanagan and began her real estate career in 2007. Continuing to do both is
rewarding in assisting clients find their temporary or forever home. Jenny
specializes in residential and investment properties which go hand in hand with
her expertise in property management.