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163 Cariboo Road | $1,399,000
Murray MacRae Agent Photo
Murray MacRae
Murray MacRae
C. (250) 320-3627
 P. (250) 374-3022
 Phone Murray murray@murraymacrae.com www.murraymacrae.com
ROYAL LEPAGE KAMLOOPS REALTY (SEYMOUR ST)
322 Seymour Street
 Kamloops, BC
 Canada V2C 2G2

Details

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Address 163 Cariboo Road
AreaCentral Okanagan
Sub AreaNG - North Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$1,399,000
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths0
Floor Space2864 Square Feet
Lot Size0.38 Acres
WaterfrontNo
Year Built1972
Taxes $4,877
Tax Year2023
MLS® #10332173

This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage

Listed by OAKWYN REALTY OKANAGAN

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