Hancock*
928 Baker Street
Cranbrook, BC
Canada V1C 1A5
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
Tyler’s past achievements include 7 year Gold Medal winner and 11 years in the “Top 50″ for the Kootenay Real Estate Board. Inducted into the Re/Max Hall of Fame (2001) and Re/Max Lifetime Achievement Award (2012). He has been involved with land development and is considered an expert in Buyer Agency. You won’t find many Realtors with this kind of background and experience that you will receive when working with Tyler.
Born in Saskatchewan, raised in Manitoba and living in Alberta for 15 years has developed Tyler into a true Western Canadian boy and he will most likely have some kind of connection with the buyer coming from these areas! Tyler has coached Hockey, Volleyball, Baseball and Basketball and was a director and vice president with Creston Valley Minor Hockey Association. Tyler and his family are passionate about golfing and skiing as well.