Description

Prime Development Opportunity in Glenmore a?? Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the citya??s fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelownaa??s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelownaa??s long-term vision for increased residential density in well-connected urban locations.All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The sitea??s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelownaa??s most established and desirable neighbourhoods. Opportunities like this are rarea??secure your position in Glenmorea??s future today.