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675 Moraine Court | $1,600,000
Dawn Mortensen* Personal Real Estate Corporation Agent Photo
Dawn
Mortensen* Personal Real Estate Corporation*
C. (250) 256-8383
 P. (250) 374-1461
 Phone Dawn www.livelillooet.com
ROYAL LEPAGE WESTWIN REALTY
800 Seymour Street
 Kamloops, BC
 Canada V2C 2H5

Details

%
Years (35 year max)
Years



Address 675 Moraine Court
AreaCentral Okanagan
Sub AreaRS - Rutland South
State/ProvinceBritish Columbia
CountryCanada
Price$1,600,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms4
Half Baths1
Floor Space2834 Square Feet
Lot Size0.47 Acres
WaterfrontNo
Year Built1968
Taxes $5,237
Tax Year2024
MLS® #10318295

Located on a quiet street in the desirable Spring Valley neighbourhood, this sizeable 0.47 acre lot is the perfect site for your future townhouse development. The city supports rezoning this parcel to MF2 to accommodate up to 20,400sq ft GFA (Base FAR: 1.0). At two stories in height, this property can comfortably accommodate 14x 1,300sq ft townhouses, but greater density could be achieved if building up a 3rd story (up to FAR: 1.3 possible w/ Public Amenity or Rental Bonus). The existing house and sizeable workshop will provide solid rental income while you are perfecting your development plans, and proximity to shopping, restaurants, schools, parks, Mission Park Greenway, Orchard Park Mall, Costco, public transit, and much more will aide your future development in being a big success! The Property Transfer Tax Exemption on new construction means that a buyer can purchase a $650k townhouse with less than $45k down if they included the GST in their mortgage, and the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $3k/mo (assuming 3.5% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the size and shape of this lot affords considerable flexibility to realize your own development vision.

Listed by CENTURY 21 ASSURANCE REALTY LTD

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About

DAWN MORTENSEN BIO & AREAS OF EXPERTISE

Buying or selling a home is a big decision - you need an experienced professional to guide you through the process. Dawn has been a licensed Realtor in the Sea to Sky, now Lillooet for 18 years. When you work with me, you can count on personal, attentive, patient service, excellent knowledge of the area, great negotiation skills and expert selling strategies.

Dawn and Peter Mortensen are Now Calling Lillooet BC Home on a full time basis.  They say home is where the heart is, and when you’re looking for a home right in the heart of Sea-to-Sky country, Dawn Mortensen of Royal LePage Black Westwin Realty is the ideal choice for those seeking the extra “personal touch” that makes all the difference.

Dawn has lived, worked and played in the Sea-to-Sky Corridor (Squamish now Lillooet) since 1996, and uses that intimate locals’ knowledge to successfully help clients both buy and sell properties of all types in today’s challenging market. A “hands-on”, full-time and full-service realtor, Dawn prefers to answer her own phone and be available to offer comprehensive and professional real estate services to her clients the instant they need it. For Dawn, clients really do come first. With an extensive background in sales and customer service. Prior to becoming a licensed realtor Dawn was a Corporate Sales Manager for the Fairmont Chateau Whistler, based in Whistler. She offers a unique mix of time-honed, real estate expertise and negotiation skills that are essential in navigating ever-changing and complex real estate trends. Backing up her knowledge is Black Tusk Realty and Now Royal LePage Westwin Realty – responsible for selling more real estate than any other company in the area’s history.

When not hard at work assisting real estate clients in the Sea-to-Sky Corridor, Dawn spends her time with her husband and local businessman Peter, as well as her son Taylor Marshall and her Red Heeler named Tye – Mexican Rescue (Loreto) Paco Domigo and Sissy Dawns Cutting Horse and Sport!  Dawn and Peter also Own Frasercove Campground and Guest Cabin located on the Fraser River in Lillooet, BC.

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