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425 Glenwood Avenue
Kelowna, British Columbia V1Y5L9

$1,349,000

ID# 10316621
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:3942)

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Courtesy of eXp Realty (Branch)

Listed on: June 11, 2024

On market: 129 days
Bathroom Total 3
Bedrooms Total 3
Half Bathrooms Total 0
Year Built 1953
Flooring Type Hardwood, Laminate, Mixed Flooring, Tile
Heating Type Forced air, See remarks
Stories Total 1
3pc BathroomBasementMeasurements not available
BedroomBasement10'4'' x 12'4''
Laundry roomBasement4'1'' x 3'1''
Dining roomBasement8'7'' x 5'6''
Family roomBasement14'1'' x 12'6''
KitchenBasement14' x 10'7''
3pc BathroomMain levelMeasurements not available
BedroomMain level10'7'' x 12'9''
Dining roomMain level11'7'' x 8'3''
Primary BedroomMain level11'7'' x 9'
KitchenMain level10'11'' x 11'2''
Living roomMain level13'8'' x 15'5''
Full bathroomMain levelMeasurements not available
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Gayle Hunter

Personal Real Estate Corporation

gaylehunter.realtor@gmail.com | 250-575-9184

Amy Zimmer

Personal Real Estate Corporation

sold@amyzimmer.com | 250-300-8878

Suzette Ritchie

Real Estate Professional

suzetteritchie@royallepage.ca | 250-878-4350

Nik Zimmer

Real Estate Professional

nikzimmer@royallepage.ca | 250-859-6984

Zena Tucker

Real Estate Professional

zenatucker.realtor@gmail.com | 250-863-2770

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Gayle Hunter & Associates are a real estate team in Kelowna BC, that are focused on helping you achieve your real estate goals. We are a diverse and knowledgeable team with a wealth of real estate experience and are constantly aware of the ever evolving market conditions and real estate trends.

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