328 Glenmore Road Kelowna, British Columbia V1V 1P2
$1,999,700
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential with mixed MF3 & MF1 zoning, contingent on a three-lot subdivision. Current zoning rights and preliminary discussions with the city and a planning consultant indicate the potential to subdivide into two MF1 lots, each allowing for two six-plex buildings, and one MF3 lot with a higher-density apartment (1.3 – 1.8 FAR), yielding 20,000 buildable sqft. Note, the city does not support rezoning the full lot to MF3. Additionally, a road dedication to connect McTavish Rd through the property is required to facilitate subdivision. This prime location provides a unique opportunity for developers to maximize their investment in a growing area. (id:46227)
Property Details
| MLS® Number | 10315856 |
| Property Type | Vacant Land |
| Neigbourhood | Glenmore |
| Road Type | Paved Road |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Current Use | Development Residential |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.89 |
| Size Total | 0.89 Ac|under 1 Acre |
| Size Total Text | 0.89 Ac|under 1 Acre |
| Zoning Type | Unknown |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/26997643/328-glenmore-road-kelowna-glenmore
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August 28 2024 05:52:18
Okanagan-Mainline Real Estate Board
Royal LePage Kelowna