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![Gerald Olthuis Agent Photo](/XposurePublicIncludes/img/blank-tile.png)
Olthuis
102-371 Hudson Ave Ne
Salmon Arm, BC
Canada V1E 4N6
Details
Address | 1149 Little Shuswap Lake Road |
Area | Outside Board Area |
Sub Area | CH - Chase |
State/Province | British Columbia |
Country | Canada |
Price | $649,500 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 2750 Square Feet |
Lot Size | 0.41 Acres |
Waterfront | Yes |
Year Built | 1964 |
Taxes | $3,800 |
Tax Year | 2023 |
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.