Shaw
109 Victoria Street
Kamloops, BC
Canada V2C 1Z4
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
Brendan Shaw has been a licensed real estate agent in Kamloops, BC since 2006. He specializes in residential and commercial sales with an emphasis on project marketing and new developments.
In 2012, Brendan Shaw founded Brendan Shaw Real Estate, a licensed real estate brokerage associated with the Association of Interior REALTORS®, British Columbia and Canadian Real Estate Associations. As a boutique office, Brendan Shaw Real Estate is licensed to provide trading services and property management. Our agents have in depth, hands on experience offering representation in residential sales, commercial sales, hotel sales, business brokerage, commercial leases, industrial sales, new development.