Address
1064-1084 Glenmore Road Kelowna, BC
Price
$ 3,650,000
Property Attributes
  • MLS#10238280
  • TypeCommercial
  • CityKelowna
  • AreaCentral Okanagan
  • NeighbourhoodGL - Glenmore
  • Postal CodeV1Y 4P2
  • StyleLand
  • Price$ 3,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.63 Acres
Listing Provided Courtesy Of:
Macdonald Realty Kelowna
Data Source:
Canada - Okanagan Mainline Real Estate Board (OMREB) - 444 - CAN
Property Description

Opportunity for three rental properties providing $83,400 in annual income ($6,950/mth) plus future upside as a low-density multi-family development. 27,342 sq.ft. land assembly, 3 titles, M to M tenants. Walkable to schools, neighbourhood retail centre, golf course. Located on a major transit route with easy connections to UBC Okanagan & Downtown. Corner location with lane access (119’D x 238’W). Ideal as an RM3 zoned Urban Townhome site (0.75 FAR) or wait for OCP to support 50 unit rental Apt (RM5r) that was proposed. $133.49/SF of land area.

General Features

Acres 0.630
DOM 123
Listing Office Macdonald Realty Kelowna
Status Active
Terms For Sale

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V1Y 4P2

Price
AVG $3.65M
$3.65M
Visits
AVG 40
39
Walkscore
AVG 33
33
Data Provided by Walkscore ® not using MLS data