1225 Mountain Avenue
Kelowna, British Columbia V1Y7G9

$2,995,000

ID# 10271548
Large residential property totaling 1.275 acres with redevelopment potential for further densification and infill. The 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 also potential to rezone to SFRU5 for multiple single-family homes or MF2 for townhomes, similar to an adjacent property at 1170 Brant Ave where individual 1,588 SF units have recently sold for $750,000. 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 Schools, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:3942)

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

Courtesy of RE/MAX Kelowna

Listed on: April 01, 2023

On market: 247 days
Bathroom Total 3
Bedrooms Total 3
Half Bathrooms Total 1
Year Built 1975
Stories Total 2
2pc Ensuite bathSecond level5'0 x 4'9
KitchenSecond level12'4 x 11'1
DenSecond level11'9 x 9'3
4pc BathroomSecond level11'9 x 6'10
BedroomSecond level11'9 x 8'9
Dining roomSecond level14'4 x 15'6
Primary BedroomSecond level14'9 x 12'4
Living roomSecond level22'4 x 17'6
GymGround level11'2 x 9'7
BedroomGround level13'8 x 9'7
Family roomGround level10'1 x 9'4
Full bathroomGround level11'2 x 5'6
Recreation roomGround level33'9 x 17'1

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

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