181 days on Market

328 GLENMORE ROAD, Kelowna, British Columbia V1V1P2

Land
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-
- sqft
$1,999,700
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Land
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Property Estimate

Days on market181 days

Estimated valueNot available

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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

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number10331069
Community NameGlenmore - Clifton - Dilworth
Data SourceCREA
Listing byRoyal LePage Kelowna

Property History

Jan 3, 2025
ListedActive
$1,999,700
181 days on market
history photo preview7
Listing by crea®
Property listed by Royal LePage Kelowna, Brokerage
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Population and Demographics

Overview

Total population 25326
Average household income $126,107

Age (%)

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

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%

What’s nearby?Essentials within 5 km

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