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. (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
1
Amenities Nearby
Public Transit, Airport, Recreation, Schools, Shopping
Features
Level lot
Listing Contract Date
2024-10-02
Municipal ID
009-630-210
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1956
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Wood siding
Heating Type
Forced air, See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Kitchen
Main level
15'0'' x 10'0''
Primary Bedroom
Main level
13'7'' x 12'8''
Bedroom
Main level
10'4'' x 10'3''
Full bathroom
Main level
Measurements not available
Bedroom
Main level
10'0'' x 6'6''
Bedroom
Main level
13'0'' x 10'3''
Living room
Main level
16'0'' x 14'0''
Dining room
Main level
14'0'' x 9'0''
Parking Spaces
Name
Spaces
See Remarks
Other
RV
Land
Total Size
0.33 acres
Amenities
Public Transit, Airport, Recreation, Schools, Shopping
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.33
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