Albert
100 - 131 7th Avenue
Cranbrook, BC
Canada V1C 2J3
Details
Address | 285 Waterford Avenue |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $695,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1591 Square Feet |
Lot Size | 0.33 Acres |
Waterfront | No |
Year Built | 1956 |
Taxes | $3,112 |
Tax Year | 2024 |
MLS® # | 10325345 |
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.
Listed by RE/MAX PENTICTON REALTY
Location
About
Having spent the past 22 years in Castlegar, and having lived across Canada, I can't think of a place I would rather be. We have a great community and an environment that makes you feel as if you're always on vacation. It has been an absolute pleasure to become a member of the community and to help others to join it.
In 2006 I obtained my Real Estate License in Castlegar. After 2 successful years in the industry I completed my Brokers License and became an Associate Broker.
I have found that selling real estate is not a job on the side, or a 9-5 job, it's a lifestyle. I work 24/7 to provide you with a standard of service that is hard to find.
So if you're in search of a Realtor who holds Honesty, Quality over Quantity and Dedication above all else then please give me a call. And with 100% satisfaction, I'm not afraid to list any of my references.
I look forward to the opportunity of working with you!