Details
Address | 675 Moraine Court |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $1,600,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 4 |
Half Baths | 1 |
Floor Space | 2834 Square Feet |
Lot Size | 0.47 Acres |
Waterfront | No |
Year Built | 1968 |
Taxes | $5,237 |
Tax Year | 2024 |
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
Location
About
About Joy and what clients are saying about Joy Bruno

https://joybruno.realtyhd.com/
TESTIMONIALS:
'Thank you Joy!! you truly went above and beyond. Thank you for all your support with Dan's and my new home purchase' by T and Dan of Kamloops BC
'Joy thank you for finding us a place we can call HOME. Thank you for all your support when I feel overwhelmed with the process of buying our first home... you don't give up on us. Thank you more than words can say. God bless u always. Love Ellen and Claire' of Kamloops BC
'Joy Bruno by far the best realtor in Kamloops!! Thank you for everything ♥ ♥ ♥ ♥' by Nicole J. of Kamlooops, BC
'Your the best, thank you Joy! Your parents were right to name you Joy! Because you have brought us lots of Joy! today!' by Todd J. of Kamlooops
'You have a wonderful way of making the world around you a happier place for everyone. Thanks for everything Joy. Love!' Jean and Barry of Kamloops BC
'Thank you so much Joy for all your hard work, so much appreciated. Thanks again Joy you did a super job on selling 111' Doug B of Chase, BC
'Joy thanks for all your hard work and help you provided for my mom this year. Very appreciated!' - L.S. of Edmonton, AB
'Thanks Joy for taking care of me. It feels good I just ask you and you do it. Love!' - I.S. of Kamloops, BC
'Thank you so much for all your hard work and patience. All your time and energy is greatly appreciated.' by Ryan and Gail S. of Langley BC
' Joy thanks for being so patient and honest with us, very professional. We are happy to have your services back.' by JM and VM of Richmond, BC
'We had a pleasant experience of buying our first home, thanks to Joy as our agent. Without a doubt she had our interest as her top priority during the process. She did extensive research, updated market information, and she never pushed us to make decision or show any impatience. She paid great attention to details and reminded us of them on every step. Thank you Joy for helping us find our dream home.' by Melinda and Carl of Surrey BC
'Joy is a good realtor and very professional. She is sensitive to her clients' needs, a good friend to have'. by J.O. and A.O. of Surrey BC
'Splendid job from hunting to moving! ' by GB of Langley, BC
'Thank you very much Joy for all your help. We are really lucky and blessed to have found you !' by Myrna C. of Surrey BC
'Very helpful, informative and generous during pre and post' by King D. of Surrey BC
'I wanted to let you know that Laurie and I are enjoying our new home in Vancouver and thank you for all your hard work and dedication in finding this place for us. I know that we were challenging customers coming from Ontario and did not know Vancouver very well. From day one you assisted us in our search to determine the best area and property for our needs. You were very good at reading us and keeping us focused when we ourselves were confused, stressed and did not know where to go. When we did decide on an area that was some distance from your home, you were very professional and did not make us feel it was too far or too much trouble. We are very happy with the price and feel that your negotiating skills were pivotal in getting us this good deal. I would also like to thank you for your level of integrity. You did everything you said you would do and made no false promises. You kept your word and commitments every step of the way. I will definitely recommend you to anyone i know.' by Martin and Laurie C. of Vancouver BC
'Joy is without a doubt a very professional realty agent and very good at what she does. She get things done in a organized and timely fashion. She is very comfortable to work with and is always willing to go extra mile. She is not only professional, knowledgeable and helpful, but she has a great sense of work ethics. Joy is more than a realtor agent to us, she is a wonderful and trustworthy person. We really appreciate her patience, hard work, and expertise provided to us. It's always been a pleasure working with her. We would like to wish her continued success in the future'. by NM and MM of Surrey BC
' Salamat po sa lahat, thank you so much Ate Joy you're the best. iinvite ka namin sa house warming' ML and RB of Surrey, BC
'Friend salamat sa tulong nyo. We love the place and our uncle wants to sell his house and buy a townhouse. we will highly recommend you. Salamat and God bless.' JG and GD of Vancouver, BC