633 Glenwood Avenue
Kelowna, BC V1Y5M2
$1,199,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.18 acres
- Frontage
- 50 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,846.7
Interior
- Basement
- Crawl space
- Heating
- Heat Pump, See remarks
- Cooling / A/C
- Heat Pump
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Hardwood, Carpeted
Exterior & Lot
- Exterior features
- Vinyl siding
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 3 — uncovered indicated
- Features
- Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining nook | Main level | 8' x 10'2'' |
| Laundry room | Main level | 6'5'' x 14'2'' |
| Den | Second level | 6'4'' x 13'4'' |
| Partial bathroom | Main level | 4'6'' x 5' |
| Full bathroom | Main level | 7'7'' x 6'3'' |
| 4pc Ensuite bath | Second level | 9'6'' x 9'9'' |
| Bedroom | Main level | 9'5'' x 11'2'' |
| Bedroom | Main level | 11'2'' x 10' |
| Primary Bedroom | Second level | 16'6'' x 14'7'' |
| Family room | Main level | 13' x 16'6'' |
| Kitchen | Main level | 14' x 13'6'' |
| Dining room | Main level | 8'5'' x 10' |
| Living room | Main level | 13'2'' x 21'6'' |
Listing Information
- MLS®
- 10392418
- Listed
- June 24, 2026
- Time on market
- On the market for 68 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
Potential to BUILD A 6 STORY BUILDING with desirable MF4 zoning! Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained rental house, this expansive property offers immediate rental income while you plan your development. With MF4 zoning that allows for a 6-story building and located in a parking exempt zone, the potential for high returns on investment is immense. Close Proximity to shops, restaurants, services and steps away from the Kelowna General Hospital. Additionally, located within close proximity to Okanagan Lake. Key Features: • Zoning: MF4 zoning ideal for 6 story residential development with minimal parking restrictions • Current Structure: Charming, income-generating house currently leased to reliable tenants for $3,650.00 per month. Casita in backyard which creates the potential for additional square footage and rental income • Location: Situated in a highly desirable area with robust market demand, ensuring strong appreciation potential. • Accessibility: Excellent transport links and proximity to major roads, public transport, shopping centres, schools, and recreational facilities. • Future Development: Perfect canvas for developers looking to build residential apartments, Potential FAR of max 2.8. (id:63159)
Values & Trends
This listing
$566/sqft
Building average
—
No other active listings in this building
Kelowna South average
$757/sqft
80 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
15°C
Clear
Humidity 76%
Wind NNW 4 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
144,576
(2021 Census)
+13.5% since 2016
Density: 682.4/km²
Dwellings: 67,115
Median household income: $82,000
After-tax: $73,500
Immigrant population: 15.3%
Top countries of origin (% of total population)
- United Kingdom2.1% · 3,055
- India1.6% · 2,335
- Philippines1.1% · 1,620
- Germany1.1% · 1,540
- United States of America1% · 1,375
- China0.7% · 960
- Poland0.4% · 585
- South Africa, Republic of0.4% · 525
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
3/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| St Joseph Elementary School(Independent) | Elementary | 541 m |
| Central School Programs | K-12 | 658 m |
| Central Secondary | Secondary | 658 m |
| A S Matheson Elementary | Elementary | 832 m |
| Raymer Elementary | Elementary | 1.2 km |
| Kelowna Secondary | Secondary | 1.5 km |
| The Balsam School(Independent) | Elementary | 1.8 km |
| KLO Middle School | Middle | 1.9 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Cafes (1)
- Abbott St. Cafe597 m
Parks (5+)
- Cameron Park · 2345 Richter Street475 m
- Cadder Avenue Beach Access598 m
- Burne Avenue Beach Access636 m
- Royal Avenue Beach Access646 m
- Strathcona Beach Park657 m
Pharmacies (1)
- Remedy'sRx314 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.