Burgart
13200 Victoria Road N
Summerland, BC
Canada V0H 1Z0
Details
Address | 861 Martin Avenue |
Area | Central Okanagan |
Sub Area | KN - Kelowna North |
State/Province | British Columbia |
Country | Canada |
Price | $1,175,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 4 |
Half Baths | 1 |
Floor Space | 2480 Square Feet |
Lot Size | 0.17 Acres |
Waterfront | No |
Year Built | 1960 |
Taxes | $4,947 |
Tax Year | 2023 |
MLS® # | 10310424 |
House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase.
Listed by CENTURY 21 ASSURANCE REALTY LTD
Location
About
Summerland is the perfect setting of natural beauty and small town warmth. I am proud of our "Old English" towne centre and invite you to explore our many treasures. I have been in Real Estate since 1993 and have extensive knowledge of all the nooks and crannies hidden in our beautiful valley. Our daughters grew up here, giving me first hand experience of family activities and of our fantastic schools. Whether your move is for retirement, job relocation, or for that much needed change of pace. Let me be the first to say "Welcome to Summerland, Welcome Home!"
Please call me at 250.494.7321 or You can also connect with me on facebook as well.