Development Opportunity in Kelowna: Three-Property Land Assembly in Glenmore

1440, 1442 & 1446 Glenaire Crescent | Kelowna, BC

An Opportunity to Invest in Kelowna's Future

As Kelowna continues to grow and evolve, opportunities to acquire multiple adjoining properties for potential redevelopment are worth exploring. Located in the established Glenmore area of Kelowna, 1440, 1442, and 1446 Glenaire Crescent present an exciting opportunity for developers, builders, and investors looking to establish a presence in one of the Okanagan's most desirable communities.

This three-property land assembly offers just under one acre of usable land, with current MF1 zoning, creating an opportunity to investigate future residential development possibilities.

All three properties are being offered together as a single land assembly, providing prospective purchasers with the opportunity to consider a coordinated development concept.

Why Glenmore? Location Matters

Glenmore has long been an appealing residential area in Kelowna, offering a balance of established neighbourhoods, everyday conveniences, and access to the amenities that make the Okanagan such a desirable place to live.

Residents enjoy convenient access to shopping, schools, parks, recreational opportunities, and downtown Kelowna. The area's proximity to major transportation routes also provides connections to other parts of the city, including the University of British Columbia Okanagan and Kelowna International Airport.

For developers considering future residential projects, location is an important part of evaluating both a property's potential and its appeal to prospective homeowners.

Understanding the Opportunity: MF1 Zoning

The properties are currently designated MF1 – Infill Housing, a City of Kelowna zoning category intended to accommodate forms of residential infill development.

For developers and investors, this zoning designation provides a starting point for investigating potential residential development options.

However, zoning is only one component of determining a property's development potential. Permitted density, building configurations, setbacks, servicing requirements, site conditions, and applicable municipal regulations must all be carefully reviewed.

With just under one acre of usable land across three adjoining properties, this assembly offers an opportunity to explore how the combined site might be utilized, subject to the necessary investigations and approvals.

The Advantages of a Three-Property Land Assembly

Acquiring adjoining properties as a single assembly can offer advantages over purchasing individual residential lots.

A combined site may provide greater flexibility when evaluating potential building layouts, access, landscaping, parking, and overall site planning.

For builders and developers, the opportunity to evaluate a larger, consolidated parcel can also support a more comprehensive approach to project planning.

1440, 1442, and 1446 Glenaire Crescent must be purchased together, allowing interested buyers to assess the properties as one coordinated investment opportunity.

Looking Ahead: Investing in Kelowna's Growth

Kelowna continues to attract interest from people drawn to its lifestyle, natural surroundings, recreational amenities, and economic opportunities.

As the city plans for future housing needs, well-located properties with redevelopment potential remain an important part of the conversation.

For investors and developers with a long-term vision, this Glenmore land assembly presents an opportunity to investigate a residential development project within an established Kelowna neighbourhood.

The combination of location, consolidated land area, and existing zoning makes these properties worthy of consideration.

Explore the Possibilities with The Patterson Group

Whether you are an experienced developer, a builder searching for your next project, or an investor evaluating opportunities in the Central Okanagan, we welcome the opportunity to discuss this offering with you.

At The Patterson Group, we understand that purchasing development property requires careful consideration, informed decisions, and a clear understanding of both the opportunities and the challenges.

We would be pleased to provide additional property information and help facilitate the next steps in your evaluation.

Contact The Patterson Group today to learn more about the land assembly at 1440, 1442, and 1446 Glenaire Crescent in Kelowna, BC.

Important Disclaimer: All three properties must be purchased together. The properties are currently zoned MF1. Buyers are responsible for conducting their own independent due diligence with the City of Kelowna and appropriate qualified professionals to verify zoning, permitted uses, density, development feasibility, servicing, site conditions, and all applicable requirements and approvals. No representation or guarantee is made regarding the type, number, or configuration of units that may be permitted or constructed.