Goertz
280 Baker Street
Nelson, BC
Canada V1L 4H3
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
As a seasoned real estate agent with over 20 years of experience, proudly serving Nelson, BC, and the surrounding areas. As a dedicated professional at Valhalla Path Realty, I’m committed to helping you navigate the real estate market with confidence and ease.
A Legacy of Real Estate Excellence
Real estate is in my blood. Growing up in Abbotsford, BC, as the son of a Realtor and the founder of Little Oak Realty, I was immersed in the industry from an early age. My brother Don and I have continued this legacy, both carving out successful careers in real estate.
Your Local Market Specialist
Having lived both in Nelson and on the North Shore just outside of town along the beautiful Kootenay Lake, I deeply understand the local market dynamics and the unique lifestyle this area offers. I specialize in helping clients buy and sell properties in Nelson and the surrounding communities, ensuring each transaction is smooth and rewarding.
More Than Just a Realtor
Outside of work, I am a devoted husband to Tracy and father to Talia. I love living in the Kootenays and actively participate in the local community. In the winters, you’ll find me playing hockey and cross-country skiing, while summers are spent enjoying the beach, hiking, and camping.
Why Choose Me?
- Experience and Expertise: With over two decades of experience, I bring a wealth of knowledge and a proven track record to every transaction.
- Personalized Service: I prioritize your needs and goals, providing tailored advice and solutions to meet your specific requirements.
- Community Involvement: As a local resident, I am deeply invested in the community and understand what makes this area special.
Whether you’re looking to buy your dream home or sell your current property, I am here to provide expert guidance and unwavering support. Let’s work together to achieve your real estate goals. Contact me today to get started!