Don Rae Realtor


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  • 368 Valley Road Kelowna V1V2E5

    Price : $4,300,000 Listing ID : 10371037
    Bedrooms Bathrooms
    Property Type : Vacant Land Building Type : Other
    Title : Freehold Finished Area : -
    Built in : - Total Parking Spaces : -
    Prime Development Opportunity in Glenmore – Kelowna, BC Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city’s fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna’s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna’s long-term vision for increased residential density in well-connected urban locations. All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The site’s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Situated in the heart of Glenmore, this property enjoys proximity to a wide range of everyday amenities. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. Downtown Kelowna and major transit routes are also easily accessible. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna’s most established and desirable neighbourhoods. Opportunities like this are rare—secure your position in Glenmore’s future today. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
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    Roofing Material : - Sewer : Municipal sewage system Utility Water : Municipal water
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    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.