1792 Smithson Drive, Kelowna, British Columbia V1Y4E3

Charming Fixer-Upper with Endless Potential in Desirable Glenmore | Unlock the possibilities with this spacious 2,900+ sq. ft. home on a 1/4 acre, in sought-after Glenmore, Kelowna. Offering 6 bedrooms and 3 bathrooms, this older gem is brimming with opportunity for renovation or redevelopment. With MF1 zoning, the property supports redevelopment of up to 6 dwellings, giving you the freedom to transform this site into something truly spectacular. The home boasts a layout that is easily suitable, making it an ideal investment for rental income options. The basement is perfectly suited for a separate suite with minimal effort. There is a BC Housing incentive regarding suites where, if specific criteria are met and if say $60k was borrowed from the government, up to $30k of that loan could be forgiven (rules apply). Program details available through your agent or a google search. The oversized backyard features a detached shop, perfect for projects, or even convert into a Carriage Home. Both driveways provide ample parking for RVs, boats, and all your toys. Located just a few minutes from downtown Kelowna, this property offers unparalleled convenience with shopping, dining, and amenities just a stones throw away. Whether you're a developer, investor, or homeowner with a vision, this property presents an extraordinary opportunity in a fantastic location. Don't miss your chance to bring new life to this home or take full advantage of its redevelopment potential! (id:39198)