675 Moraine Court | $1,600,000
Chelsea Mann* Agent Photo
Chelsea
Mann*
C. (250) 852-0977
 P. (778) 765-1500
 Phone Chelsea Canada
ENGEL & VOLKERS KAMLOOPS
606 Victoria St
 Kamloops, BC
 Canada V2C 2B4

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

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About

16 Years of Experience in Kamloops

My name is Chelsea Mann and I have been a Realtor® in Kamloops for over 18 years.

I grew up in this beautiful city, and am proud to call it home! Kamloops has so many amazing things to offer its residents. Great weather, access to any outdoor activity you could want and central location are just a few of the things that make Kamloops the perfect place to live, work, and play. It's such a family oriented community and each neighbourhood has its unique qualities, so everyone can find their perfect place to call home.

What I love about real estate is working with people. Whether it be finding them the perfect home, that fits with their unique wants and needs, or helping them sell their home, quickly and for the most money by
attracting the perfect buyers! After all, 

It's Not Just A House, It's Your Home!


My past clients have described me as knowledgeable, reliable, honest and authentic, and I am beyond proud to have helped them through one of the most important moments in their life! It's very important to me that buying or selling your home be as stress-free, happy and exciting as it can be!

I approach life with a sense of humour, professional experience, and a drive to genuinely help my clients fulfill their dreams.
If you're buying or selling a home in Kamloops, I'd love to meet you and have an honest conversation about how I can help you move!