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
1240 Glenmore Drive, Kelowna,
± 7,405 SQFT
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.
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