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2040 Glenmore Road N, Kelowna, British Columbia, V1V 2C5

MLS® # 10335710
Vacant Land For Sale In McKinley, Kelowna, British Columbia
$8,800,000
2040 Glenmore Road N, Kelowna, BC
2040 Glenmore Road N, Kelowna, BC
2040 Glenmore Road N, Kelowna, BC
2040 Glenmore Road N, Kelowna, BC
2040 Glenmore Road N, Kelowna, BC
2040 Glenmore Road N, Kelowna, BC
2040 Glenmore Road N, Kelowna, British Columbia, V1V 2C5
$8,800,000

Property Information:

170.89 acres for sale, centrally located in the Glenmore / Wilden area of Kelowna, and is NOT located in the ALR (Agricultural Land Reserve). The property is currently zoned agricultural (A2) within the city limits of Kelowna. To the West, is the prestigious Wilden development. To the East, is Glenmore Road, providing access via an easement over an adjacent property, or potential use of city land at the North-East corner. The property also borders the Glenmore Dog Park near the North-East corner. Current Official Community Plan Future Land use is ""R-AGR - Rural - Agricultural & Resource"". With an OCP amendment and subsequent rezoning, there could be tremendous upside for a purchaser for a potential large-scale residential development. 2025 BC Assessment (as of July 1 2024) shows $12,838,000, and an appraisal on file (2022) showed an estimated market value of $15,450,000. Court-ordered sale - All offers are subject to court approval and must include schedule ""A"". Property is sold as-is where-is with no warranties of any type; buyer to investigate and conduct their own due diligence. (id:27)

Building Features:

  • Building Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Current Use: Development residential
  • Surface Water: Ponds
  • Utility Type: Hydro - At Lot Line
  • View Type: City view, Lake view, Mountain view, Valley view
  • WaterFront Type: Waterfront on pond
  • Zoning Type: Agricultural
  • Sewer: Sewer

Courtesy of: Sotheby's International Realty Canada, eXp Realty of Canada, Inc.

REALTOR.ca  

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Market Price Trends

All Properties

5.86%

Price change (1 year)

47.97%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 2040 Glenmore Road N, Kelowna, British Columbia, V1V 2C5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 2040 Glenmore Road N , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

20/100

Moderate-Low

ClimateCheck®

Current data

This property, 2040 Glenmore Road N , experiences 11 significant 2-day storms per year, with about 142.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 156.7mm of precipitation per year.

Precipitation Per Storm

Past
142.5mm
2050
156.7mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2040 Glenmore Road N, Kelowna, British Columbia, V1V 2C5

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$162,336.03

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.83 %

High school certificate or equivalent

27.64 %

Apprenticeship trade certificate/diploma

13.38 %

College/non-university certificate

20.73 %

University certificate (below bachelor)

1.56 %

University Degree

25.86 %

Commuter

Travel To Work

By Car

96.75 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

3.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.93 %

Houses

88.07 %

Own Vs. Rent

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