Butler
P.o. Box 434
Salmon Arm, BC
Canada V1E 4N6
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
I received my real estate license through the University of British Columbia's Sauder School of Business. I've been a sales and marketing professional for over 25 years and have worked across all Canadian provinces and several states in the USA. As a serial entrepreneur, I helped launch three advertising agencies across Canada, relocating twice to Quebec and once to the United States. I also held the role of Vice President of Marketing for North America at ONNI Real Estate Development prior to pursuing my own career in real estate. I serve the entire region of Shuswap Lake (north and south) including Seymour Arm, and expand my real estate services to the communities of Adams Lake, Chase, Monte Creek, Pinantan Lake, Pritchard and Kamloops.
On a personal note, I love spending as much time as possible with my husband, our son, and our two adopted dogs. You'll mostly catch us enjoying the great outdoors together either hiking, biking, skiing, snowshoeing or boating around Shuswap Lake. I look forward to helping you realize your own real estate dreams in and around the Shuswap. Whether you're looking to buy a new home in the Shuswap or sell your current property, I'd love to help!
Sincerely,
Alycia Butler