79 days on Market

328 Glenmore Road, Kelowna, British Columbia V1V1P2

Detached
5
3
~2577 sqft
$1,999,700
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Detached
5
3
~2577 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$775/sqft

Est. Mortgage$8,588/mo

Tax Amount ()-

Days On Market79 days


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:39198)


Property Details

StyleHouse, Detached
View-
Age of property1973
SqFt~2577 SqFt
Lot Size-
Parking Spaces6
MLS ®Number10323631
Community NameGlenmore - Clifton - Dilworth
Data SourceCREA
Listing byRoyal LePage Kelowna

Features

Heating: Forced air, See remarks

Basement Floor

Utility room

13'2'' x 9'6''

Storage

6'2'' x 4'10''

Den

13'2'' x 13'11''

Recreation room

13'2'' x 17'6''


Features

Municipal sewage system

Parking

Garage spaces 6

Garage type Carport

Other parking spaces 0

Total parking spaces 6


Property listed by Royal LePage Kelowna, Brokerage
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Population and Demographics

Overview

Total population 25326
Average household income $126,107

Age (%)

20 to 34
21%
65 and plus
20%
0 to 19
20%
35 to 49
19%
50 to 64
19%

Household composition (%)

Single family
64%
Single person
29%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
90%
Others
5%
German
2%
French
1%

House tenancy (%)

Owners
67%
Renters
33%

Schools and amenities

Estimated Budget

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