Great RM3 redevelopment opportunity - GLENMORE

Multi-Family for Sale
Catylist Listing ID: 30517543
Property Subtypes: Duplex/Fourplex
Building Status: Proposed
Number of Units: 4 Units
Building Size (RSF): 6,113 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $79,900 - 799,000
Unit Price: $19,975 Per Unit
Property Use Type: Investment
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/17/2020

Overview / Comments


Great RM3 redevelopment opportunity, with short-term holding revenue in the Bankhead area of Kelowna. Large corner lot, .23 acres, flat & rectangular with zoning and development permit in place for a large fourplex. Convenient Bernard Ave location is central, close to an abundance of amenities and only minutes from downtown.
Current 2,031 SF home has two rental units (legal), one up and one down each with 2 bedrooms and a bathroom each. Each unit is completely self-contained, with long-term tenants in place and generates rental income. Property is located in a great family-oriented area near schools and parks
Asking $839,900
MLS® 10192946
Website & More HD Photos:
Ken McLaughlin B.COMM, ACP
ken (at)
250.870.7845 (cell)
Kris McLaughlin PREC*, CCIM, ACP
kris (at)
250.870.2165 (cell)
*Personal Real Estate Corporation
MCL Real Estate Group - McLaughlin Commercial Luxury
c/o RE/MAX Kelowna
100 - 1553 Harvey Avenue
Kelowna, B.C. V1Y 6G1

Additional Details

Nearest CMA: Kelowna
Regional District: Central Okanagan
Parcel ID: 001-565-893
Zoning: RM3

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Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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