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Kevin
Brack
Brack
MACDONALD REALTY
201 - 5501 Kingsway
Burnaby, BC
Canada V5H 2G3
201 - 5501 Kingsway
Burnaby, BC
Canada V5H 2G3
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
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