Welcome to this rare opportunity of prime development property with huge potential in the prestigious Kelowna South. With recent zoning changed to MF4, this property offers tremendous potential for redevelopment, ranging from infill housing to six-story apartments. Ideally located just a few steps away from Kelowna General Hospital, pristine beaches, Abbott Corridor, and only minutes from downtown and the vibrant Pandosy Village, this home is at the heart of everything you need. The current home features two spacious bedrooms upstairs and a one-bedroom in-law suite downstairs. The basement suite includes its own laundry and a private entrance. The entire home is rented to month-to-month tenants. This property is ideal for rental income while it awaits redevelopment. Rear laneway access provides convenient parking behind the fenced backyard which is currently rented out by the owners to the hospital employees. Seize this unique opportunity to own a property with endless possibilities. (id:4069)
Address
425 Glenwood Avenue
List Price
$1,399,000
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
3
Bathrooms
3
Floor Area
1,925 Sq. Ft.
Lot Size
0.18 Sq. Ft.
Year Built
1953
MLS® Number
10316621
Listing Brokerage
eXp Realty of Canada, Inc.
Postal Code
V1Y5L9
Site Influences
Park, Recreation, Schools, Shopping
Features
Balcony
