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Fraser
1631 Dickson Ave, Suite 1100
Kelowna, BC
Canada V1Y 0B5
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
About Colin Fraser
As a Licensed Real Estate Professional, Colin has enjoyed many successes along side his clients. His goal is simple, 'I want to help Buyers and Sellers navigate the real estate market by providing sound practical advice. I also strive to match my clients with the right properties, while providing exceptional service and professionalism.' With extensive experience in sales and exceptional customer service, Colin is fully committed to providing his clients with the best experience in all aspects of real estate.
Colin also has a great deal of experience with respect to building and renovating. If you have any questions about residential renovations or construction, he is always happy to share his knowledge and provide sound advice.
Contact Colin today for a free market evaluation or request viewings of any listings that interest you. Don't hesitate to email or call with any questions: colin.fraser@exprealty.com 250-592-1065