Burgart
13200 Victoria Road N
Summerland, BC
Canada V0H 1Z0
Details
Address | 285 Waterford Avenue |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $695,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1591 Square Feet |
Lot Size | 0.33 Acres |
Waterfront | No |
Year Built | 1956 |
Taxes | $3,112 |
Tax Year | 2024 |
MLS® # | 10325345 |
This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential.
Listed by RE/MAX PENTICTON REALTY
Location
About
Summerland is the perfect setting of natural beauty and small town warmth. I am proud of our "Old English" towne centre and invite you to explore our many treasures. I have been in Real Estate since 1993 and have extensive knowledge of all the nooks and crannies hidden in our beautiful valley. Our daughters grew up here, giving me first hand experience of family activities and of our fantastic schools. Whether your move is for retirement, job relocation, or for that much needed change of pace. Let me be the first to say "Welcome to Summerland, Welcome Home!"
Please call me at 250.494.7321 or You can also connect with me on facebook as well.