P. (778) 622-3446
Phone Lyndi lyndi.cruickshank@evrealestate.com lyndicruickshank.evrealestate.com
467 Main Street
Penticton, BC
Canada V2A 5C4
Details
Address | 1095 Monterey Court |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $1,620,000 |
Property Type | Residential Development |
Lot Size | 0.41 Acres |
Waterfront | No |
Taxes | $5,733 |
Tax Year | 2022 |
MLS® # | 10303530 |
0.41 acre (17,860 SF) development site in Rutland with MF2 zoning. Development permit application already submitted for a 9-unit townhouse project. Well located in the Rutland core area neighborhood, at the end of a cul-de-sac near Springfield Rd and Rutland Rd South. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. DP Application submitted to the City of Kelowna in October 2023 for 9 residential 3-storey townhome units between 2 buildings. All 9 units offer 3 bedrooms, backyard patios, and double garages (7 units have side-by-side garages, 2 units have tandem garages). Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Holding income provided from the existing duplex on site (3 units). Option to acquire the holding company, which can eliminate the Property Transfer Tax. The neighboring property may also be available for sale.
Listed by UNISON HM COMMERCIAL REALTY
Location
About
Lyndi Cruickshank
Managing Broker, License Partner
Personal Real Estate Corporation
With a background in Marketing and Contract Negotiations, it is an honour to use my skills and passion for Real Estate as I continue into my 15th year as a REALTOR® and as a Managing Broker of Engel & Volkers South Okanagan. As a top, award winning Realtor, I have a reputation for providing superior results. Trained and Certified as a Master Certified Negotiation Expert, I am Committed to the success of every client I work with.
Currently I serve my profession in Real Estate as Vice President of the Association of Interior Realtors. While President of the South Okanagan Real Estate Board, in 2020, I was a part of the exciting work done to see two Interior Real Estate Boards merge, creating a more efficient and client focused experience for people wishing to purchase and sell property within the greater Okanagan region. My work with the South Okanagan Real Estate Board also included; Chair of the Membership Services and Education Committees and Co-Chair of the Professional Standards Committee. Having also served as an Alternate Director for the Regional District Okanagan Similkameen for 10 years and Chair of the Area F Park Commission for over 7 years, I believe strongly in giving back to my community.
Raised in the Okanagan, it was my dream as an adult to return to our beautiful valley. Having called Penticton home now for over 17 years, not a day goes by that I don’t appreciate all that our community has to offer. With 2 wonderful kids, Garrett and Madi and my husband John, we can often be found enjoying a weekend on the water in the summer and most often spend time during the winter enjoying all that Apex Mountain Resort has to offer.
My most important role in Real Estate is to help my clients make their property purchase or sale a positive and successful experience. I am excited to help get your home sold!