328 Glenmore Road | $1,999,700
Chad Mielke* Agent Photo
Chad
Mielke*
C. (778) 559-2423
 P. (250) 492-2266
 Phone Chad http://www.chadtherealtor.ca
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

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Years (35 year max)
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Address 328 Glenmore Road
AreaCentral Okanagan
Sub AreaGL - Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$1,999,700
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths1
Floor Space2577 Square Feet
Lot Size0.89 Acres
WaterfrontNo
Year Built1973
Taxes $5,056
Tax Year2024
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

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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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