Name: 633 Glenwood Avenue, Kelowna | MLS® 10362465
SKU: 10362465
Price: 1399900.0 CAD
Availability: InStock

$1,399,900 Sale

Listed 7 hours ago

633 Glenwood Avenue

MLS® 10362465 House

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Beds · 3

Baths · 2.5

Parking · 3

Sqft · 2120

Est. mortgage

$5,311/mo

Key Facts

Key facts for 633 Glenwood Avenue

Property Type

House, House

Parking

Garage: No, 3 parking

MLS #

10362465

Size

2120 sqft

Basement

Crawl space

Listed on

Lot size

Tax

Days on Market

Year Built

1964

Maintenance Fee

Description

Potential to BUILD A 6 STORY BUILDING WITH UP TO 36 UNITS ON THIS ONE LOT! 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 developmen...t. With MF4 zoning that allows for a 6-story building 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 • 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. For Developers looking for a larger project, the adjacent property at 607 Glenwood is also for sale. (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

2.5

Square Footage

2120 sqft

Heating Type

Heat Pump, See remarks

Air Conditioning

Heat Pump

Kitchens

Full Bathrooms

Half Bathrooms

Fireplace Type

Unknown

Flooring Type

Carpeted, Hardwood

Bedrooms

Washrooms

2.5

Square Footage

2120 sqft

Heating Type

Heat Pump, See remarks

Air Conditioning

Heat Pump

Kitchens

Full Bathrooms

Half Bathrooms

Fireplace Type

Unknown

Flooring Type

Carpeted, Hardwood

Exterior

Acreage

0.18 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Type

Unknown

Acreage

0.18 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Type

Unknown

Building Description

Style

House

Home Type

House

Subtype

House

Year Built

1964

Exterior

Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

House

Home Type

House

Subtype

House

Year Built

1964

Exterior

Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Kelowna South

Area Code

Kelowna

Community

Kelowna South

Area Code

Kelowna

Other

Virtual Tour Link

https://www.youtube.com/shorts/uV_FH6dLYuM

Virtual Tour Link

https://www.youtube.com/shorts/uV_FH6dLYuM

Room Types

4pc Ensuite bath

Dimensions 9'6'' x 9'9''

92.62 sqft

Bedroom

Dimensions 11'2'' x 10'

111.67 sqft

Bedroom

Dimensions 9'5'' x 11'2''

105.15 sqft

Hart Real Estate Team

Email: [email protected] Cell: 289-383-3759