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1149 Little Shuswap Lake Road | $649,500
Paul Grewal Agent Photo
Paul
Grewal
Crush Real Estate Group
 P. (778) 476-7778
 Phone Paul https://crushrealestate.ca/
CHAMBERLAIN PROPERTY GROUP
104 - 399 Main Street
 Penticton, BC
 Canada V2A 5B7

Details

%
Years (35 year max)
Years



Address 1149 Little Shuswap Lake Road
AreaOutside Board Area
Sub AreaCH - Chase
State/ProvinceBritish Columbia
CountryCanada
Price$649,500
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms3
Half Baths0
Floor Space2750 Square Feet
Lot Size0.41 Acres
WaterfrontYes
Year Built1964
Taxes $3,800
Tax Year2023
MLS® #10311015

Get excited, this leased waterfront cottage will simply blow your socks off! You will love the wood finishes in this fine waterfront home. Upgraded systems includes a new heat pump which delivers affordable heating and cooling. Other features include a gourmet kitchen with rich cabinetry, slate and antiqued hardwood floors, wood return windows and doors, 3 bedrooms, 3 bathrooms, and a flex room upstairs which sleeps about 8! Access to the water is excellent, dock & buoy included. There are heated floors in the entry, kitchen, main bathroom & hallways. Soak up all the sun and fun you can handle from the oversized sundeck featuring a gazebo with fan and screening, and a hot tub on the water's edge. There are 31 years remaining of a 49-year periodic lease, annual rent is $12,705 which gets reviewed every 5 years, next review in 2025. This is an all-cash purchase, not mortgageable. With a history of leasehold waterfront properties in the area, having offered multiple leases over time, there's a strong precedent already set that indicates the likelihood of securing a new lease or an extension to the current lease, when the time comes. That said, this is not a guarantee. Gather more information, see more pictures, and watch a compelling aerial drone video presentation before booking your appointment to view this little cottage. Run, don’t walk to this one, it's a beauty!

Listed by RILEY & ASSOCIATES REALTY LTD.

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About

Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.

After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.

Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.

Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.

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