Zimmermann
#1100 - 1631 Dickson Avenue
Kelowna, BC
Canada V1Y 0B5
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
The best part is that I love my job and pride myself in building lifetime relationships with my clients. I love matching sellers with the perfect buyers and helping buyers find their dream home -- the one that will make their Okanagan life as magical as mine is... I pride myself in providing exceptional service and commit to providing you with a genuine interest in your story and your dreams. I will put all of my resources towards getting you where you want to be with your real estate goals.
Give me a call and let's get started on this journey to fulfill your Okanagan lifestyle dream.
Always at your service,