425 Glenwood Avenue, NO City Value, V1Y 5L9

$1,399,000
Active Listed 4 months ago

Details

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Beds
3

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Bath
2

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Kitchens

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Built
1953

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Living Area
1925 SqFt.

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Lot Size
7841 SqFt.

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Frontage

Description

Welcome to this rare opportunity of prime development property with huge potential in the prestigious Kelowna South. With recent zoning changed to MF4, this property offers tremendous potential for redevelopment, ranging from infill housing to six-story apartments. Ideally located just few steps away from Kelowna General Hospital, pristine beaches, Abbott Corridor, and only minutes from downtown and the vibrant Pandosy Village, this home is at the heart of everything you need. The current home features two spacious bedrooms upstairs and a 1 bedroom in-law suite downstairs. The basement suite includes its own laundry and a private entrance. The entire home is rented to month-to-month tenants. This property with Rear laneway access is ideal for rental income while it awaits redevelopment.

Mortgage



Downpayment
Rental Income
Monthly Mortgage Payment
Effective Monthly Mortgage Payment
Qualification Monthly Payment
Interest Rate
Qualification Interest Rate
Income Required
Qualification Annual Income Required
CMHC Fees
Amortization Period

Mortgages can be confusing. Got Questions? Call us 604-330-3784

Amenities

In Unit

Features

Washer/Dryer Washer Refrigerator Cooktop

Site Influences

Lane Access

Property Information

MLS® # R2965959
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 2
Year Built 1953
Parking Open,Rear Access
Tax $4,156 in 2024
Strata No KAP5929
Postal Code V1Y 5L9
Address 425 Glenwood Avenue
Subarea Fvreb Out OF Town
City NO City Value
Listed By eXp Realty of Canada, Inc.

Floor Area (sq. ft.)

Main Floor 1,000
Above 1,000
Basement 925
Total 1,925
 

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
02/10/2025 This Property 3 2 2 $1,399,000 Login to View 128 2 1953 1,925 sqft 7,841 sqft
12/09/2024

3738 Astoria Drive

6 6 2 $1,325,000 Login to View 191 3 2024 3,459 sqft N/A
02/16/2025

2821 Ortona Road

3 2 1 $1,450,000 Login to View 122 2 1971 2,239 sqft 43,560 sqft
03/12/2025

6715 Bell Mckinnon Road

3 1 0 $1,270,000 Login to View 98 2 1968 1,918 sqft 21,780 sqft
03/10/2025

6707 Bell Mckinnon Road

3 1 0 $1,270,000 Login to View 100 2 1964 1,955 sqft 21,780 sqft
03/10/2025

6721 Bell Mckinnon Road

3 1 1 $1,270,000 Login to View 100 2 1968 1,366 sqft 21,780 sqft
03/10/2025

441 Kane Valley Road

4 3 1 $1,399,000 Login to View 100 2 2003 2,392 sqft 457,380 sqft
05/01/2025

755 South Crest Drive

4 4 1 $1,220,000 Login to View 48 2 2002 3,558 sqft 6,490 sqft
05/06/2025

9100 Texas Creek Road

3 3 2 $1,299,000 Login to View 43 3 1997 4,204 sqft 2,613,600 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
05/30/2025

684 Merlot Avenue

3 2 1 Login to View Login to View (0.0%) Login to View 3 2 1982 1,540 sqft 9,322 sqft
03/08/2025

1876 Langley Street

6 3 2 Login to View Login to View (-12.4%) Login to View 283 2 1981 4,305 sqft 7,245 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 week ago

1257 Copper Road

5 3 2 $775,000 Login to View 20 2 2025 2,552 sqft 3,875 sqft
2 weeks ago

3600 Summers Creek Road

3 2 1 $980,000 Login to View 29 1 2014 1,566 sqft 859,874 sqft
1 month ago

9100 Texas Creek Road

3 3 2 $1,299,000 Login to View 43 3 1997 4,204 sqft 2,613,600 sqft
1 month ago

117 2450 Radio Tower Road

3 2 1 $785,000 Login to View 43 2 2012 1,401 sqft 3,093 sqft
1 month ago

271 2450 Radio Tower Road

5 4 1 $1,124,000 Login to View 43 2 2019 2,360 sqft 4,443 sqft
1 month ago

755 South Crest Drive

4 4 1 $1,220,000 Login to View 48 2 2002 3,558 sqft 6,490 sqft
1 month ago

109 Missezula Lake Road

3 2 1 $849,500 Login to View 49 2 2005 1,581 sqft 15,390 sqft
1 month ago

917 Harbour View Street

5 5 2 $899,000 Login to View 63 3 2024 2,800 sqft 3,674 sqft
2 months ago

1247 Selkirk Drive

4 3 1 $974,800 Login to View 70 2 1990 2,186 sqft 11,043 sqft
2 months ago

169 Longview Road

2 3 1 $1,170,000 Login to View 78 2 2023 2,648 sqft 218,236 sqft

Frequently Asked Questions About 425 Glenwood Avenue

What year was this home built in?

425 Glenwood Avenue, NO City Value, V1Y 5L9 was built in 1953.

How long has this property been listed for?

425 Glenwood Avenue, NO City Value, V1Y 5L9 was listed on 02/10/2025 by eXp Realty of Canada, Inc..

Is this property air conditioned?

425 Glenwood Avenue, NO City Value, V1Y 5L9 does not have an air conditioner.

How wide is the lot?

The lot is 60 feet wide.

Is there a basement in this home?

Finished,Exterior Entry.

Does this property have fireplaces?

There are 1 fireplaces at 425 Glenwood Avenue, NO City Value, V1Y 5L9.

What zoning is this property in?

425 Glenwood Avenue, NO City Value, V1Y 5L9 is located in mf4 zoning.

How many parking spots are there?

425 Glenwood Avenue, NO City Value, V1Y 5L9 has 4 parking spots.

Is there a garage?

425 Glenwood Avenue, NO City Value, V1Y 5L9 does not come with a garage.

Where is access to the parking?

You can access the parking from Rear at 425 Glenwood Avenue, NO City Value, V1Y 5L9.

What all connected services are available?

425 Glenwood Avenue, NO City Value, V1Y 5L9 is connected to Electricity,Natural Gas,Sanitary Sewer,Storm Sewer,Water.
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

Les Twarog

Contact: Les Twarog - RE/MAX Crest Realty

Call: 604-706-1760