$1,999,700 FOR SALE

Land

328 Glenmore Road
Kelowna, BC V1V 1P2 | Glenmore

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:47423)

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Listed By Royal LePage Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10315856
Last Updated Aug 28, 2024
Property Summary
Property Type Land

More like this:
Neighbourhood Glenmore
Price History
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Detailed Information
Listing Contract Date 2024-06-05
Municipal ID 008-331-456
Ownership Type Freehold
Property Type Vacant Land
Road Paved road
Transaction Type For sale
Zoning Unknown
Building
Type Other
Utility Water Municipal water
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
SewerAvailable
WaterAvailable
Land
Total Size 0.89 acres
Current Use Development residential
Sewer Municipal sewage system
Size of Irregular Land 0.89

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