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328 Glenmore Road
Kelowna British Columbia V1V1P2 Canada

$1,999,700

Active Listing ID 10315856
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Vacant Land

$1,999,700

Active Listing ID 10315856
Save

328 Glenmore Road 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:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 8/28/2024 6:00:29 PM GMT
Source Updated Date: 11/24/2024 11:11:36 PM GMT

Courtesy of: Andrew Newton, Personal Real Estate Corp, Royal LePage Kelowna