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MLS: 10323631

328 Glenmore Road

2577 sqft

5 Bedrooms

3 Bathrooms

$1,999,700

PHONE: 250-717-5000

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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:6770)

Investment Opportunities 3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre New

Listed by Andrew Newton

Royal LePage Kelowna

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Overview

Price $1,999,700
MLS # 10323631
Age 1973
Stories 2
Size 2577 sqft
Bedrooms 5
Bathrooms 3
Exterior Stucco
Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
Water Municipal water
Sewer Municipal sewage system
Flooring Carpeted, Laminate, Linoleum
Listing Agent Andrew Newton
Listing Office Royal LePage Kelowna

Contact an agent for more information or to set up a viewing.

Contact Us 250-717-5000

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