Turner *
258 Seymour Street
Kamloops, BC
Canada V2C 2E5
Details
Address | 675 Moraine Court |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $1,600,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 4 |
Half Baths | 1 |
Floor Space | 2834 Square Feet |
Lot Size | 0.47 Acres |
Waterfront | No |
Year Built | 1968 |
Taxes | $5,237 |
Tax Year | 2024 |
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
About
Linda has been living in BC for over 40 years and is happily married to Brian, who retired from the RCMP. They have lived in Kamloops for the past 27 years and plan to make this their retirement home. They have two married children who both live in Kamloops. Linda’s daughter, Kristy Janota, has been a part of the real estate team since receiving her real estate license in 2008! She is also a CPA which is plus for the team. Her husband, Paul Janota, is our IT and support guy. Linda’s son Wade is a Senior Engineering Tech and GIS Coordinator for Urban Systems and his wife, Tricia, is a CPA with BC Lotteries. Linda is very proud of their successful careers. Linda especially enjoys her four grandchildren and feels fortunate to have them close by.
Linda is a member of the Kamloops Chamber of Commerce. She enjoys
travel, gardening and making stained glass windows. She was trained in
Business Administration so brings good organizational skills to her Real
Estate career. With years of direct sales experience, Linda knows how
to market properties to get the most effective results. Linda and Kristy have earned
the RE/MAX Chairman’s Club Award for the past ten years as well
as the RE/MAX Titan and Diamond Awards. In addition she has earned the RE/MAX Hall
of Fame Award, the Lifetime Achievement Award, and the Spirit of the
West Award. Most recently, she earned the Circle Of Legends Award.
Linda contributes to the Children’s Miracle Network with a cash donation for every sale during the year. These funds go to help the BC Children’s Hospital. She travels to Vancouver annually to participate by manning the phones and taking pledges during the CMN Miracle Makers Telethon. Linda also creates a large stained glass window annually that she donates to the RE/MAX fund raising Miracle Makers Live Auction. To date, these Stained Glass creations have raised over $150,000! Linda also contributes an annual $1000 scholarship to the Thompson Rivers University to help 4th year business students.