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675 Moraine Court | $1,600,000
Heather Holdener Agent Photo
Heather
Holdener
C. (250) 777-4203
 P. (250) 352-3581
 Phone Heather heatherholdener@gmail.com www.heatherholdenerrealty.com
COLDWELL BANKER ROSLING REAL ESTATE (NELSON)
593 Baker Street
 Nelson, BC
 Canada V1L 4J1

Details

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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

Heather is a fourth-generation Kootenay girl. After experiencing the warm sense of community that Nelson offers, her and her husband moved here twenty years ago to raise a family. Heather has a strong background in retail sales management. She is a true entrepreneur at heart and has owned a few of her own small business over the years. Like many Kootenay folks, Heather enjoys an active lifestyle and teaches local fitness classes that offer great balance in her life.

 

Heather has passion and drive in doing the best in whatever task she is undertaking. She is exceptionally organized and pays attention to detail and prides herself on honesty and integrity. When it comes to customer service, Heather shines. She is thoughtful and listens with a caring heart and believes in looking out for her clients first and foremost.


Having been a renter, homeowner and recently worked with a rent to own company, Heather is familiar with all aspects of buying and selling residential and rural properties. She loves working with families new to the Kootenays, first time home buyers, and those looking to upsize to a bigger home or property.

Heather looks forward to working with you!

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