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328 Glenmore Road - MLS® # 10323631

Property Details


List Price
$1,999,700
Living Area
2,577 sqft.
Bedrooms
5
Bathrooms
2 full, 1 half
Lot Size Area
0.89 ac|under 1 acre
Taxes
N/A
Type
House
Style
N/A
Basement
Year Built
1973

Description

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:2469)

Features

One Balcony

Listing Provided By

Royal LePage Kelowna

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 Real Estate Listing provided by
  • Manuella Farnsworth
  • 250.317.4008
  • 250.317.4008
  • 1 888 661 4434
  • 250 860 1600
  • manuellafarnsworth@gmail.com
  • Oakwyn Realty
  • 473 Bernard Ave
  • Kelowna , BC
  • V1Y 6N8