Turn-key revenue & high-yield development gem in Central Kelowna! 776 Glenwood Ave is a masterfully renovated property on a prime, flat lot with highly coveted MF1 Infill Housing zoning, permitting up to 6 dwellings! Perfect for families, investors & developers. The upper floor features two bedrooms, a bright, open layout with mountain views, and a brand-new chef's kitchen with a farmhouse sink and premium appliances. The cozy fireplace opens to a private dining deck with built-in gas BBQ or fire-pit hookups. Maximize ROI with the fully legal, 900 sq ft 1-bed/1-bath lower suite featuring its own kitchen, laundry & second fireplace. Extensive upgrades include new flooring, energy-efficient windows, 2026 hot water tank & 2021 furnace and A/C. Outside, the flat, landscaped backyard provides plenty of room for kids, entertaining or future plans, with a 6-seat hot tub, detached single garage & 5 total parking spaces. Located in a fantastic family-friendly area with a great school catchment, just 6 blocks to the beach, an 8-minute walk to KGH & a short stroll to downtown, Pandosy & local colleges. Live in, rent out, hold for future development, or maximize the density potential - this one checks a lot of boxes! (id:2493)
Data was last updated August 26, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
209
Avg list price:
$2,500,000
Min list price:
$225,000
Max list price:
$9,890,000
Avg days on market:
90
Min days on market:
2
Max days on market:
698
Avg price per sq.ft.:
$431.33
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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