1225 Mountain Avenue, Bc, British Columbia V1Y 7G9

  • 1225 Mountain Avenue,, Bc, British Columbia  V1Y 7G9 - Photo 1 - 10265573
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  • 1225 Mountain Avenue,, Bc, British Columbia  V1Y 7G9 - Photo 3 - 10265573
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Acreage

$2,995,000

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. There could also be potential support for MF3 zoning (apartment housing) if it is deemed to provide positive impact on the surrounding neighborhood or through affordable market housing. 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 and restaurants in the growing brewery district. (id:42341)


  • Property Details

    MLS® Number 10265573
    Property Type Vacant Land
    Neigbourhood Glenmore
  • Building

  • Land

    Acreage Yes
    Current Use Development Residential
    Size Irregular 1.275
    Size Total 1.275 Ac|1 - 5 Acres
    Size Total Text 1.275 Ac|1 - 5 Acres
  • Utilities

    Sewer Available

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.