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474 Valley Road, Kelowna

Property Description

Opportunity to purchase a large land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.05), which allows 6-storey apartments, Townhomes/apartment combo or the possibility for mixed commercial. There are multiple developments underway in this area. Walking distance to all amenities, convenience stores, Save on Food, Banks, Starbucks, Tim Hortons, Dollar Store, McDonald and roughly 10 minutes drive to Downtown, UBCO, and Airport. (Total 7 homes included in this assembly - 444/450/456/462/468/474 Valley Rd,1990 Raisanen Rd) (id:43014)

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Full Address:
474 Valley Road, Kelowna, British Columbia
Price:
$ 1,699,999
MLS Number:
10305863
List Date:
March 4th, 2024
Neighbourhood:
Glenmore
Lot Size:
0.28 ac
Year Built:
1974
Taxes:
$ 3,969

Property Details

Bedrooms:
4
Bathrooms:
1
Air Conditioning:
Central air conditioning
Heating:
See remarks

Interior Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Garage:
Carport
Ownership Type:
Freehold
Taxes:
$ 3,969

Building Features

Finished Area:
2173 sq.ft.

Floors

Lot Size:
0.28 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Gary Judge

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Opportunity to purchase a large land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.05), which allows […]
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474 Valley Road, 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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