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1358 Cedar Avenue
Trail, BC
Canada V1R 4C2

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
My name is Melannie Vockeroth and I’ve been a Kootenay girl since 1971. Rossland is home to me, my husband and our family. We ski, mountain bike, hike, golf, fish, garden, play hockey, play soccer and pick berries with our dog, our friends and visitors from around the world who show up on our doorstep.
My work experience includes home construction and design, landscaping, customer service and inventory management. My life experience includes growing up in a family of self employed entrepreneurs, 15 years of competitive skiing, and living in Alaska during my university years. All of that combines to bring me to the unique real estate position I find myself in now as an owner and Realtor® at Century 21 Kootenay Homes.
I feel so fortunate to live in the best place in the world! My belief is that Rossland, Trail, Warfield, Fruitvale, Montrose — are all neighbourhoods of the larger Kootenay community. Let me share that enthusiasm with you as you buy or sell your home.
My goal is to help you reach your real estate goals. Whether you’re buying or selling property, I have the experience and network to help you.