$2,360,184

1403 Cherry Crescent E

Glenmore, Kelowna · MLS® 10366504

4 bed · 1 bath · 1,995 sq ft · 0 sq ft lot · 0 parking

House · Single Family · built 1963 · 350 days on market

Listed by Sasha Fallon, eXp Realty of Canada Inc.

Prime development opportunity in the heart of Kelowna’s urban core! Situated along the Bernard Avenue Transit Supportive Corridor (TSC), this property offers exceptional potential for apartment development under current zoning guidelines. Just steps from the highly anticipated new Parkinson Recreation Centre and minutes to downtown, this site is ideally located in a rapidly evolving, transit-oriented area within the Glenmore neighbourhood. The flat lot and central location make it a strong candidate for multi-unit residential, apartment, or mixed-use development.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 1
Living area: 1,995 sq ft
Lot: 0 sq ft
Parking: 0
Year built: 1963
Property tax: $3,515 / yr
Days on market: 350
MLS®: 10366504

Price per sq ft: $1,183 vs $474 median for houses in Glenmore for sale (76)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 350 days

$10,576/mo

Mortgage $10,283 · Tax $293

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$10,283/ monthly

loan $1,888,147

25-year amortization

down payment20% · $472,03720%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,196,781
property transfer tax: $48,806; BC general rate
cash to close: $520,842; down + PTT
total paid: $3,084,929

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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