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1225 Mountain Avenue, Kelowna

Property Description

This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. The existing 2,496 SF, 5-bedroom, 3-bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:43014)

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Full Address:
1225 Mountain Avenue, Kelowna, British Columbia
Price:
$ 2,995,000
MLS Number:
10271548
List Date:
April 5th, 2023
Neighbourhood:
Glenmore
Lot Size:
1.28 ac
Year Built:
1975
Taxes:
$ 5,311

Property Details

Bedrooms:
3
Bathrooms:
3

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Pool:
Outdoor pool
Ownership Type:
Freehold
Taxes:
$ 5,311

Building Features

Finished Area:
2996 sq.ft.

Floors

Lot Size:
1.28 ac

Land

Neighbourhood Features

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Agent: Kris McLaughlin

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This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary […]
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1225 Mountain Avenue, Kelowna

Glenmore

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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