For Sale: 633 Glenwood Avenue, Kelowna, BC - REW
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$1,199,900
3 bd • 3 ba • 2120 sf • House
633 Glenwood Avenue
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$1,199,900
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633 Glenwood AvenueKelowna, BC, V1Y 5M2

Central City
  • 3 Bed
  • 3 Bath
  • 2120 Sqft
  • House

About this home

Potential to BUILD A 6 STORY BUILDING with desirable MF4 zoning! Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained rental house, this expansive property offers immediate rental income while you plan your development. With MF4 zoning that allows for a 6-story building and located in a parking exempt zone, the potential for high returns on investment is immense. Close Proximity to shops, restaurants, services and steps away from the Kelowna General Hospital. Additionally, located within close proximity to Okanagan Lake. Key Features: • Zoning: MF4 zoning ideal for 6 story residential development with minimal parking restrictions • Current Structure: Charming, income-generating house currently leased to reliable tenants for $3,650.00 per month. Casita in backyard which creates the potential for additional square footage and rental income • Location: Situated in a highly desirable area with robust market demand, ensuring strong appreciation potential. • Accessibility: Excellent transport links and proximity to major roads, public transport, shopping centres, schools, and recreational facilities. • Future Development: Perfect canvas for developers looking to build residential apartments, Potential FAR of max 2.8. (id:63626)
Listed by: Kaila Klassen, Royal LePage Kelowna

Home facts and features

Price details
List Price
$1,199,900
Get Pre-Approved
Gross Taxes for 2026
$4,847
Home facts
Bedrooms
3
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
3
Parking Details
Additional Parking
Property Type
House
Lot Size
50 ft x 0 ft (7840 ft²)
Depth
Frontage
50.0 feet
Year Built
Built in 1964 (62 yrs old)
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Heat Pump, See remarks
Cooling
Heat Pump
Basement Details
Crawl space
Features
Central island
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Kelowna
Listing details
Days on REW
31 Days
Property Views
27
MLS® Number
10392418
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Joseph Elementary School
  • Independent
  • K - 7
A S Matheson School
  • Public
  • Pre-K - 6
Raymer School
  • Public
  • Pre-K - 6
Kelowna Secondary School
  • Public
  • 10 - 12
KLO Middle School
  • Public
  • 7 - 9
Bankhead Elementary School
  • Public
  • K - 6
Immaculata Regional High School
  • Independent
  • 8 - 12
Casorso Elementary School
  • Public
  • K - 6
Kelowna Christian School
  • Independent
  • K - 12
Glenmore Elementary School
  • Public
  • K - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Kaila Klassen
Phone:
(250) 460-1840
Cell:
(250) 460-1840
Office:
250-860-1100
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