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328 Glenmore Road Kelowna, British Columbia V1V 1P2

$1,999,700

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:53701)

Property Details

MLS® Number 10315856
Property Type Vacant Land
Neigbourhood Glenmore
RoadType Paved Road

Building

Type Other
UtilityWater Municipal Water

Land

Acreage No
CurrentUse Development Residential
Sewer Municipal Sewage System
SizeIrregular 0.89
SizeTotal 0.89 Ac|under 1 Acre
SizeTotalText 0.89 Ac|under 1 Acre
ZoningType Unknown

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available
Sewer Available
Water Available

https://www.realtor.ca/real-estate/26997643/328-glenmore-road-kelowna-glenmore

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