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157 Cariboo Road | $1,299,000
Paul Grewal Agent Photo
Paul
Grewal
Crush Real Estate Group
 P. (778) 476-7778
 Phone Paul https://crushrealestate.ca/
CHAMBERLAIN PROPERTY GROUP
104 - 399 Main Street
 Penticton, BC
 Canada V2A 5B7

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

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.

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