![425 Glenwood Avenue, Kelowna South, Kelowna by Team 3000 Realty 425 Glenwood Avenue, Kelowna South, Kelowna](https://ddfcdn.realtor.ca/listings/TS638537077026600000/reb19/highres/1/10316621_1.jpg)
$1,349,000
About this House
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:14735)
Listed by eXp Realty (Branch).
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty for your convenience.
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Features
- MLS®: 10316621
- Type: House
- Bedrooms: 3
- Bathrooms: 3
- Square Feet: 1,925 sqft
- Full Baths: 3
- Half Baths: 0
- Fireplaces: Gas
- Balcony/Patio: Balcony
- Storeys: 1 storeys
- Year Built: 1953