Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot. Central location in a well-established residential neighbourhood. Potential holding income from the existing 5-bedroom & 3-bathroom single-family home until the property is ready for redevelopment. It is currently stated in the zoning bylaws, that the purpose of MF1 zoning is to provide a zone for infill development within the core area of the City (which the subject property is limiting development to 6 ground-oriented residential units or less. A potential for bare land stratification could allow for more units. (id:43014)
Surrounded by orchards and acreages, Glenmore real estate is beautifully secluded and perfect for families. You’ll find three of Kelowna’s most established communities within this neighbourhood: Wilden, McKinley, and Magic Estates. Own your ideal home, in a lively community located near everything you need. Enjoy contemporary designs that maximize space and smart amenities for modern living. It's a shortcut home from downtown, uptown, UBC Okanagan, schools, shopping, transit, parks and the rest of your world.
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