About 425 Glenwood Avenue
Welcome to this rare opportunity of prime development property with huge potential in the prestigious Kelowna South. With recent zoning changed to MF4, this property offers tremendous potential for redevelopment, ranging from infill housing to six-story apartments. Ideally located just a few steps away from Kelowna General Hospital, pristine beaches, Abbott Corridor, and only minutes from downtown and the vibrant Pandosy Village, this home is at the heart of everything you need. The current home features two spacious bedrooms upstairs and a one-bedroom in-law suite downstairs. The basement suite includes its own laundry and a private entrance. The entire home is rented to month-to-month tenants. This property is ideal for rental income while it awaits redevelopment. Rear laneway access provides convenient parking behind the fenced backyard which is currently rented out by the owners to the hospital employees. Seize this unique opportunity to own a property with endless possibilities. (id:6289)
425 Glenwood Avenue, MLS#: 10316621 is located in the Kelowna South neighborhood of Kelowna, British Columbia, Postal Code: V1Y5L9. The Freehold home is 1,925 sq. ft. with 3 bedrooms and 3 bathrooms.
The Single Family Freehold property was constructed in 1953.
The property is currently listed at $1,349,000 and recently experienced a price decrease of $50000 on 2024-07-26 17:48:02..
