707 Glenburn Street

Glenmore, Kelowna · MLS® 10384321

4 bed · 2 bath · 2,187 sq ft · 0 sq ft lot · 0 parking

House · Single Family · built 1965 · 168 days on market

Listed by Marki Hoffman, Royal LePage Kelowna

EXCITING DEVELOPMENT OPPORTUNITY! Prime corner location at Glenmore Drive and High Road offers a 1.2-acre land assembly opportunity. Potential for a 6-story residential building with ground-level commercial upon rezone to MF3 Zoning. Strategically positioned on a transit supportive corridor with easy access to downtown Kelowna, UBC Okanagan, and Kelowna International Airport. Walking distance to Knox Mountain and Kelowna Golf and Country Club. Stunning views of Knox Mountain and Dilworth Cliffs enhance its desirability. Must be acquired alongside other properties for comprehensive development. A premium prospect boasting accessibility to key amenities and promising returns.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,187 sq ft
Lot: 0 sq ft
Parking: 0
Year built: 1965
Property tax: $4,296 / yr
Days on market: 168
MLS®: 10384321

2026 assessment: $862,000 · asking is +86%
Price per sq ft: $732 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 168 days

$7,329/mo

Mortgage $6,971 · Tax $358

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

estimated payment

$6,971/ monthly

loan $1,280,000

25-year amortization

down payment20% · $320,00020%+ 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: $811,314
property transfer tax: $30,000; BC general rate
cash to close: $350,000; down + PTT
total paid: $2,091,314

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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