285 Waterford Avenue | $695,000
Andrew Manyluk Agent Photo
Andrew
Manyluk
C. (250) 870-4329
 P. (250) 717-5000
 Phone Andrew www.Manyluk.com
RE/MAX KELOWNA
100 - 1553 Harvey Avenue
 Kelowna, BC
 Canada V1Y 6G1

Details

%
Years (35 year max)
Years



Address 285 Waterford Avenue
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$695,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms1
Half Baths0
Floor Space1591 Square Feet
Lot Size0.33 Acres
WaterfrontNo
Year Built1956
Taxes $3,112
Tax Year2024
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

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About

 I moved here from Edmonton, Alberta in October 2021 with my beautiful wife Lyndsay, a wedding photographer, and our cat, Penner. I love the Okanagan not only for its local shops, wineries, and restaurants, but also for it’s outdoor activities like paddle-boarding, hiking, swimming, and floating in the lake.


I have 18 years of experience selling new homes for top builders, along with involvement in helping people buy and sell a variety of properties from duplexes, townhomes, custom single family homes and stratas. In 2022 after much encouragement from the people I love and have worked with I got my license in 2022. I love helping first time buyers, mover uppers, down-sizers and even  investors realize their house dreams and goals. I can’t imagine doing anything different.


When I am not helping my clients buy or sell, you can find me reading, listening to podcasts, being creative on social media, and paddle boarding with my wife.


I look forward to working with you.