This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. The existing 2,496 SF, 5-bedroom, 3-bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:47423)
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Detailed Information
Listing Contract Date
2023-04-01
Municipal ID
005-732-344
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning
Unknown
Building
Type
Other
Land
Total Size
1.28 acres
Acreage
Yes
Current Use
Development residential
Size of Irregular Land
1.28
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