V1Y5M2 Real Estate

Welcome to the vibrant neighborhood of V1Y5M2 in Kelowna, British Columbia, Canada. This sought-after area is known for its picturesque surroundings, thriving real estate market, and a strong sense of community.

Located in the heart of Kelowna, V1Y5M2 offers residents easy access to a wide range of amenities, including top-rated schools, shopping centers, restaurants, and recreational facilities. Whether you're looking for a cozy family home, a modern condo, or a spacious townhouse, this zip code has something to offer for everyone.

In addition to its convenient location, V1Y5M2 is also known for its stunning natural beauty. Residents can enjoy breathtaking views of the surrounding mountains, lush green spaces, and nearby Okanagan Lake, making it a paradise for outdoor enthusiasts and nature lovers.

The real estate market in V1Y5M2 is dynamic and diverse, with a mix of property types to suit every lifestyle and budget. From charming single-family homes with well-manicured gardens to luxurious waterfront properties, there is something for everyone in this thriving neighborhood.

Whether you're a first-time homebuyer, a growing family, or a retiree looking for a peaceful retreat, V1Y5M2 has the perfect home for you. Come and explore all that this vibrant neighborhood has to offer and find your dream home in Kelowna, British Columbia.

$1,199,900

3 Beds ⋅ 3 Baths ⋅ 10392418 MLS® #

Potential to BUILD A 6 STORY BUILDING with desirable MF4 zoning! Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained rental house, this expansive property offers immediate rental income while you plan your development. With MF4 zoning that allows for a 6-story building and located in a parking exempt zone, the potential for high returns on investment is immense. Close Proximity to shops, restaurants, services and steps away from the Kelowna General Hospital. Additionally, located within close proximity to Okanagan Lake. Key Features: • Zoning: MF4 zoning ideal for 6 story residential development with minimal parking restrictions • Current Structure: Charming, income-generating house currently leased to reliable tenants for $3,650.00 per month. Casita in backyard which creates the potential for additional square footage and rental income • Location: Situated in a highly desirable area with robust market demand, ensuring strong appreciation potential. • Accessibility: Excellent transport links and proximity to major roads, public transport, shopping centres, schools, and recreational facilities. • Future Development: Perfect canvas for developers looking to build residential apartments, Potential FAR of max 2.8. (id:5764)

633 Glenwood Avenue, Kelowna

Listing courtesy of Royal LePage Kelowna.

V1Y5M2 Real Estate

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