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:4069)
| Address |
328 Glenmore Road |
| List Price |
$1,999,700 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
British Columbia |
| Sub-Area |
Kelowna |
| Bedrooms |
5 |
| Bathrooms |
3 |
| Floor Area |
2,577 Sq. Ft. |
| Lot Size |
0.89 Sq. Ft. |
| Year Built |
1973 |
| MLS® Number |
10323631 |
| Listing Brokerage |
Royal LePage Kelowna
|
| Postal Code |
V1V1P2 |
| Features |
One Balcony |
