Gentles*
601 Baker Street
Nelson, BC
Canada V1L 4J3
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
For 43 years I have been committed to providing my clients and customers with the highest level of personal service, professional representation and technical expertise in a no pressure environment. I like to play Devils Advocate for my clients to keep them grounded during what is usually a highly charged emotional process ensuring they have weighed all of their options.
With compassion and caring I seek to understand and satisfy your every need. For a no pressure experience please make me your Kootenay REALTOR®.
I provide real estate services such as Homes for Sale, Commercial Properties for Sale, Land for Sale and Advice on Real Estate in Nelson, BC as well as Kaslo, Salmo, Slocan, Passmore, Castlegar, Winlaw, Kootenay Lake Region and the Slocan Valley.
Whether buying a home or selling your property, drop by or email and let me be "Your key to the Kootenays®"!