Salmon
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
Laura Salmon Epitomizes Integrity, Energy, Hard Work, Patience and Creative service in every detail of your real estate transaction. Laura has been a licensed Real Estate agent since 2008, starting in Alberta and following her heart to BC. Laura is Your #1 Choice for All your Real Estate Needs in The Kootenay’s.
Laura has consistently shown the ability to satisfy clients in buying and selling of their homes. She has the advantage of providing Real Estate services in BC & previously Alberta. Using her experience and foresight to proactively address details before they become a problem.
Whether you are buying or selling I understand the process can often be challenging and complicated. I focus on taking the pressure off of you, so you can make clear and concise decisions throughout the process. My clients receive the utmost care and accurate knowledge that is above and beyond. I look forward to helping you with All your Real Estate needs.