1240 Glenmore Drive is an income producing property with redevelopment potential. It is strategically located on a transit supportive corridor, and directly across from the beautiful Kelowna Golf & Country Club. It is only minutes away from grocery stores, the downtown core, the highway, and less than a 15min drive to the UBCO campus. An application is being prepared submitted on behalf of the owner to rezone to MF2, and a preliminary analysis shows the ability to accommodate 8 units with varying sizes to accommodate demand for rental supply in Kelowna. This property is well maintained with both the upstairs and downstairs units rented out a market rents, which provide strong holding income.

Income Producing Property with Redevelopment Potential

• Located along transit supportive corridor
• Preliminary development analysis available
• Current monthly rent of $3800

LOT 2 SECTION 29 TOWNSHIP 26 OSOYOOS DIVISION YALE DISTRICT PLAN 16352

Directly across from Kelowna Golf & County Club on the West side of Glenmore Drive.