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285 Waterford Avenue | $695,000
Debra Formo* Agent Photo
Debra
Formo*
C. (250) 488-2365
 P. (250) 869-0101
 Phone Debra http://www.debraformo.ca
CENTURY 21 ASSURANCE REALTY LTD
251 Harvey Ave
 Kelowna, BC
 Canada V1Y 6C2

Details

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Years (35 year max)
Years



Address 285 Waterford Avenue
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$695,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms1
Half Baths0
Floor Space1591 Square Feet
Lot Size0.33 Acres
WaterfrontNo
Year Built1956
Taxes $3,112
Tax Year2024
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

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About

My goal is to make the process  as "peaceful and easy" as I can by helping people find comfortable and creative solutions when buying or selling their properties and businesses.  To support this I offer my White Glove Trades and Services Newtwork - I’m not only able to help you buy or sell your home or business but I can connect you will the resources you need- be they cleaners, downsize liquidators or contractors.

Buying and selling your home or business can be a stressful time, many times there are underlying emotions and factors involved.  I believe my previous Coaching experience is an asset for assisting people to find the property they really desire and for helping them be comfortable with the process. 

If you or someone you know is ready to purchase a property or to sell one I am never too busy to take your referrals. I can help you find you find your ideal home and I just might know someone that will love the one you are leaving!  Helping people is what I love to do and real estate just takes it to a whole new level!

It would be my honour to assist you on your journey.
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