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:60457)