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425 Glenwood Avenue, Kelowna
2024-06-11
Quick Summary
- Location
- 425 Glenwood Avenue, Kelowna, British Columbia V1Y5L9
- Price
- $1,349,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1925ft2
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year of Construction:
- 1953
MLS®#10316621
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Recreation, Schools, Shopping
Building
- Construction Style: Detached
- Exterior Finish: Stone, Stucco, Wood
- Fireplace: Yes
- Flooring Type: Hardwood, Laminate, Mixed Flooring, Tile
- Interior Size: 1925 sqft
- Building Type: House
- Stories: 1
- Utility Water: Municipal water
Features
- Feature: Balcony
Land
- Land Size: 0.18 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by eXp Realty (Branch)
Listing information last updated on: 2024-07-26 16:58:59
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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