328 Glenmore Road, Kelowna, British Columbia

$1,999,700

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0.89

Acres

About 328 Glenmore Road

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:6289)

328 Glenmore Road, MLS#: 10315856 is located in the Glenmore neighborhood of Kelowna, British Columbia, Postal Code: V1V1P2. The property is 1 acres in total.

The vacant land is currently listed at $1,999,700 and recently experienced a price decrease of $250300 on 2024-08-28 14:23:42..

Features of 328 Glenmore Road

Listing # 10315856
Price $1,999,700
Bathrooms 0.00
Acres 0.89
Type Vacant Land
Sub-Type Freehold

Community Information: Kelowna

Address 328 Glenmore Road
Subdivision Glenmore
City Kelowna
Province British Columbia
Postal Code V1V1P2

Amenities of 328 Glenmore Road

Utilities Cable, Electricity, Natural Gas, Telephone, Sewer, Water
Is Waterfront No
Has Pool No

Interior of 328 Glenmore Road

Fireplace No
Has Basement No

Additional Information On 328 Glenmore Road

Zoning Unknown

Listing Details

OfficeRoyal LePage Kelowna

Map To 328 Glenmore Road, Kelowna

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