285 Waterford Avenue | $695,000
Colin Fraser Agent Photo
Colin
Fraser
C. (250) 592-1065
 P. (833) 817-6506
 Phone Colin colinfraser.exprealty.com
EXP REALTY (KELOWNA)
1631 Dickson Ave, Suite 1100
 Kelowna, BC
 Canada V1Y 0B5

Details

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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

About Colin Fraser

As a Licensed Real Estate Professional, Colin has enjoyed many successes along side his clients.  His goal is simple, 'I want to help Buyers and Sellers navigate the real estate market by providing sound practical advice.  I also strive to match my clients with the right properties, while providing exceptional service and professionalism.'  With extensive experience in sales and exceptional customer service, Colin is fully committed to providing his clients with the best experience in all aspects of real estate.  

Colin also has a great deal of experience with respect to building and renovating.  If you have any questions about residential renovations or construction, he is always happy to share his knowledge and provide sound advice.  

Contact Colin today for a free market evaluation or request viewings of any listings that interest you.  Don't hesitate to email or call with any questions:  colin.fraser@exprealty.com  250-592-1065