Spina Prec*
258 Seymour Street
Kamloops, BC
Canada V2C 2E5
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
Licensed Realtor® since 1991
· University of British Columbia, Diploma in Urban Land Economics, four year programme
· Vancouver Community College, Certificate in Realty Appraisal
· Member of Real Estate Institute of British Columbia, privileged to use the distinguishing letters , RI
· Associate Broker License
· Past Director for Kamloops & District Real Estate Assn.
· Past Commercial council of BC division chair for Kamloops & District Real Estate Assn.
· Past President of the Kamloops & District Real Estate Assn.