Griffith
1013 Canyon Street
Creston, BC
Canada V0B 1G0
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
I know this area very well, having lived in Creston since I was nine years old, when my family moved here from Prince George, BC. My family and I truly appreciate the nice mild winters and wonderful fresh fruit and vegetables that are grown in this beautiful valley. My list of enjoyable things to do in the area includes hiking the mountains, walking my dog and enjoying the scenery, golfing on the challenging Creston Golf Course and swimming in the newly renovated recreation center. I also belong to a women’s singing group, Key of She, which I enjoy very much.
Experience
I have first hand knowledge of the real estate industry, having worked for 8 years as the office administrator at RE/MAX Discovery Real Estate before taking the courses and getting my real estate license. I previously held positions in the accounting profession for more than twenty years here in Creston. I am very detail oriented, conscientious and confidential. I understand the responsibility entrusted to me by both buyers and sellers, specifically the responsibility associated with handling such a major, lifelong investment as that of one’s home. I do not take this responsibility lightly. Key principles for me are commitment and integrity. I am a member of the Canadian Real Estate Association, the B.C. Real Estate Association and the Kootenay Association of Realtors.
I raised my three children in this valley and family is very important to me. It has become my passion to help other families find their dream homes. I would love to help you find yours. I am Compassionate, Committed and Competent. Let's Make it Happen! Call Shelley Griffith!