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285 Waterford Avenue | $695,000
Ember Shay Agent Photo
Ember
Shay
Jenvey Shay & Associates
 C. (250) 575-7271
 P. (250) 469-9547
 Phone Ember https://scottjenvey.com
SOTHEBY'S INTERNATIONAL REALTY CANADA
104 - 3477 Lakeshore Rd
 Kelowna, BC
 Canada V1W 3S9

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

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

COMPASSIONATE. STRATEGIC. VERSATILE.

With over 15 years of experience in real estate brokerage management, Ember is a seasoned expert in luxury new developments and custom homes throughout the Okanagan Valley. She has been at the forefront of premium projects, from lakeside resort condominiums to bespoke homes, guiding every phase from acquisition to completion. Ember’s extensive experience, which began with a key role in a private joint venture in West Kelowna, has made her an invaluable liaison between property owners, developers, and contractors.

What sets Ember apart is her academic background in psychology and counselling, which enables her to navigate client interactions with empathy and precision. Her ability to deeply understand the needs of all parties involved in a transaction fosters trust and ensures mutually beneficial outcomes. Ember’s hands-on approach and extensive knowledge of the luxury market make her a critical asset to any real estate project, providing clients with a smooth, guided, and stress-free experience.

Whether you are a first-time homebuyer, looking to sell a cherished home, or investing in new opportunities, Ember is dedicated to guiding you with clear, informed, and effective strategies, ensuring each step of your real estate journey is expertly managed.

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