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157 Cariboo Road | $1,299,000
Mike and Jaclyn Agent Photo
Mike
and Jaclyn
C. (250) 493-2244
 P. (250) 493-2244
 Phone Mike
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

%
Years (35 year max)
Years



Address 157 Cariboo Road
AreaCentral Okanagan
Sub AreaNG - North Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$1,299,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms1
Half Baths0
Floor Space1260 Square Feet
Lot Size0.39 Acres
WaterfrontNo
Year Built1972
Taxes $3,985
Tax Year2023
MLS® #10321893

Rare Investment Opportunity in North Glenmore! Development Property with Approved Plans for 19 Units Discover a rare gem nestled in one of North Glenmore's most coveted areas. Spanning .39 acres, this development property presents a unique opportunity for investors and developers alike. With plans already in place for 19 units, including the adjacent 163 Cariboo Rd property, this offering is ready for submission. The prime location, coupled with MF1 zoning, makes it an ideal canvas for your next project. Conveniently situated in North Glenmore, residents will enjoy easy access to schools, shopping, and downtown amenities. The property also features a charming two-bedroom plus den home with a cozy country cottage vibe. Currently rented to a wonderful family at a discounted rate of $2500/month, it offers immediate income potential. Please note, access to the property is by appointment or permission only. Don't miss out on this exceptional investment opportunity. Schedule your viewing today!

Listed by OAKWYN REALTY OKANAGAN

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About

About Mike and Jaclyn

Mike and Jaclyn first worked together in marketing the initial phase of the Lakeshore Towers condominium project between 2002 and 2004. They bring a genuine upbeat approach to real estate, coupled with a professional thoroughness and commitment to doing the job right. They know how to negotiate an offer so that the sale happens. And they know how to keep everything on track, who to recommend for inspections, appraisals and the legal documentation. Anybody who has worked with them can tell you that they enjoy what they do, and that comes through in how they do it.


About Mike

Mike has been a realtor in Penticton since 1992, working in both the residential and commercial fields. His background as a newspaper editor and photographer before that have served him well on the marketing side, providing the skills for quality feature packages and internet exposure for listings. He has been involved in every type of real estate sale, from mobile homes to the one of the highest sale prices on Skaha Lake; commercial leases and the sale of buildings in Penticton's downtown core. He is known as an honest straight-forward person, one of three Penticton realtors chosen when realtors in the city were polled by an independent company as to who they would hire if they were no longer selling real estate. Mike grew up in southern Ontario, went to university and worked for several years in the Maritmes before settling in Penticton in 1988, where he raised his family.


About Jaclyn

Jaclyn's experience as a mortgage broker has proven to be a real asset for both buyers and sellers. After receiving her real estate license in 2003 and working first as an assistant then as a full-time realtor, Jaclyn left the industry to have her son Erik in 2006. She came back in 2008 to work in the mortgage industry, latterly as a mortgage broker. But by 2010 she realized that she missed the many facets of real estate, and joined Mike as partner. Her knowledge of the mortgage industry has been a real help to both buyers and sellers. Jaclyn grew up in Kimberley, B.C., and is a graduate of the University of Calgary.


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