Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 19 Glengarry Place |
Area | Shuswap / Revelstoke |
Sub Area | BB - Blind Bay |
State/Province | British Columbia |
Country | Canada |
Price | $89,500 |
Property Type | Residential Lot |
Lot Size | 0.32 Acres |
Waterfront | No |
Taxes | $343 |
Tax Year | 2023 |
MLS® # | 10318542 |
Get excited, if you want to get a great deal on a building lot, your search is over! This property is nestled up against a green belt & is privately located in the neck of a cul-de-sac. Water, natural gas, & electrical services are to the lot & left at the street for future hook-up. A Health Canada approved septic system would be needed at the time of development. Building restrictions will not allow for a manufactured home. The land has enough flat area to construct a house and shop, but then backs onto a ravine so it is steep at the rear of the property, perhaps a walkout would be the plan. You may be able to stay there while you build but there will be a timeline attached to the building period once you begin construction. There is a drainage right of way, CSRD said that a variance to the Riparian act can be applied for, but this requires a report from a specialist. The cost of that report will be about $5,000. The CSRD also determined that portions of this lot have a slope greater than 35%, therefore a steep slope assessment is required at additional cost to be quoted at the time of the variance application. You will not be able to park any RV trailer there for occupation, until the building permit is in hand. There will be cost associated with getting the building permit but at this price, that has been already considered. The cost of ownership would be about $500 per month per $100,000 borrowed and you would need 50% down to buy land only, OAC of course.
Listed by RILEY & ASSOCIATES REALTY LTD.
Location
About
Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.
After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.
Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.
Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.