Notify me of more listings like this...

Create your own personal listing search:

  • Get a specialty tailored website for all your matched properties.
  • Get notified immediately as a new property matches your search criteria.
  • Track properties as they sell.
  • Follow market trends and stats.
  • Gain access to all property details.
Always FREE, Sign up in under 1 minute!

Get Started
675 Moraine Court | $1,600,000
Lana Pontello Prec* Agent Photo
Lana
Pontello Prec*
C. (250) 488-9141
 P. (250) 492-2266
 Phone Lana http://www.SellingTheSouthOkanagan.com
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

%
Years (35 year max)
Years



Address 675 Moraine Court
AreaCentral Okanagan
Sub AreaRS - Rutland South
State/ProvinceBritish Columbia
CountryCanada
Price$1,600,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms4
Half Baths1
Floor Space2834 Square Feet
Lot Size0.47 Acres
WaterfrontNo
Year Built1968
Taxes $5,237
Tax Year2024
MLS® #10318295

Located on a quiet street in the desirable Spring Valley neighbourhood, this sizeable 0.47 acre lot is the perfect site for your future townhouse development. The city supports rezoning this parcel to MF2 to accommodate up to 20,400sq ft GFA (Base FAR: 1.0). At two stories in height, this property can comfortably accommodate 14x 1,300sq ft townhouses, but greater density could be achieved if building up a 3rd story (up to FAR: 1.3 possible w/ Public Amenity or Rental Bonus). The existing house and sizeable workshop will provide solid rental income while you are perfecting your development plans, and proximity to shopping, restaurants, schools, parks, Mission Park Greenway, Orchard Park Mall, Costco, public transit, and much more will aide your future development in being a big success! The Property Transfer Tax Exemption on new construction means that a buyer can purchase a $650k townhouse with less than $45k down if they included the GST in their mortgage, and the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $3k/mo (assuming 3.5% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the size and shape of this lot affords considerable flexibility to realize your own development vision.

Listed by CENTURY 21 ASSURANCE REALTY LTD

Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)
Next
The blue circle drawn on the map represents the area which is most likely to contain listings comparable to 675 Moraine Court. If you wish, you may adjust the circle by dragging the white center handle to move it, or dragging one of its other white handles to resize it. Press the 'Next' button at the top when finished.

Adjust the values below if necessary

Bedrooms
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Bathrooms
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+

When finished, press the 'Next' button

When the sign up process is complete, you will receive an email which will contain login details and additional information to access your listings

The User acknowledges and agrees that real estate information provided through the PCS system is general in nature and does not constitute the provision of trading services to a consumer as defined in the Real Estate Services Act.

"trading services" means any of the following services provided to or on behalf of a party to a trade in real estate:

  1. advising on the appropriate price for the real estate
  2. making representations about the real estate
  3. finding the real estate for a party to acquire
  4. finding a party to acquire the real estate
  5. showing the real estate
  6. negotiating the price of the real estate or the terms of the trade in real estate
  7. presenting offers to dispose of or acquire the real estate
  8. receiving deposit money paid in respect of the real estate

but does not include an activity excluded by regulation.

By accessing the information a User does not establish or consent to an agency or any other relationship with the REALTOR® who is providing the User with access to this service.

Before providing trading services to or on behalf of a party to a trade in real estate, a REALTOR® must disclose to the party whether or not the REALTOR® will represent the party as a client. The User further acknowledges that should they wish to receive information other than that of "general" information or to engage the REALTOR® for any of the above referenced Trading Services activities, they may contact the REALTOR® who will, as required by the Real Estate Rules, present to the consumer the Disclosure of Representation in Trading Services form, and explain the special legal duties real estate professionals owe to their clients and help you choose whether you want to be a client of the REALTOR® or an Unrepresented Party, with no real estate professional representing you.

I agree, sign me up
Thank you! You will receive an email shortly, which will contain login details and additional information to access your listings. Close Oops, there was a problem signing up:

Try Again
Cancel