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328 Glenmore Road, Kelowna
2025-01-03
Quick Summary
MLS®#10331061
Property Description
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential. Current zoning rights and preliminary discussions with the city and a planning consultant indicate two possible development options. The first option is a rezone to MF2, which would allow for up to 20 townhomes. The second option is a three-lot subdivision: two MF1 lots west of McTavish, each accommodating a six-plex building, and one MF3 lot bordering Glenmore Rd, with a higher-density apartment (1.3–1.8 FAR), yielding 20,000 buildable square feet. A road dedication to connect McTavish Rd through the property may be required for subdivision. The city has indicated it does not support rezoning the full lot to MF3. This prime location offers a unique opportunity for developers to maximize their investment in a growing area. (id:32467)
Property Features
Building
- Appliances: Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
- Construction Style: Detached
- Exterior Finish: Stucco
- Fireplace: No
- Flooring Type: Carpeted, Laminate, Linoleum
- Interior Size: 2577 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: One Balcony
Land
- Land Size: 0.89 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2025-01-03 19:18:17
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$500,000
Your One Percent Realty Commission savings†
$500,000
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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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- Phone:
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- Email:
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- Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland
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