Address |
157 Cariboo Road |
Area | Central Okanagan |
Sub Area | NG - North Glenmore |
State/Province | British Columbia |
Country | Canada |
Price | $1,299,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1260 Square Feet |
Lot Size | 0.39 Acres |
Waterfront | No |
Year Built | 1972 |
Taxes |
$3,985
|
Tax Year | 2023 |
MLS® # | 10332171 |
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
Want a resilient, compassionate and knowledgeable agent to help you buy or sell real estate in Kamloops and area? Lisa is who you should contact!
Earning Rookie of the Year along with the Sales Achievement award in her first year, and Diamond or Red Diamond award every year since, Lisa puts everything into selling your property for the highest dollar in the shortest amount of time OR finding your dream property.
Lisa was born and raised in Saskatoon, SK and moved to Victoria, BC as a 17 year old. Living independently in a new city, she quickly learned the value of hard work, independence and resilience. 13 years later, after completing high school and four years of CGA schooling, working in public practice and starting a family with the arrival of her son in 2001, she moved on to her favorite city, Kamloops, BC….which instantly became ‘home’.
In 2003, her daughter arrived, and with her, came the urge to work from home. For 14 years, she was with a prominent Canadian direct selling business, learning the art of negotiation, networking, marketing and developing her skills as an entrepreneur, businesswoman and individual. She can’t wait to use these skills to help you reach your Kamloops Real Estate goals, whether buying, selling or leasing! Married now, with two step-children who were also raised in Kamloops, she enjoys Kamloops and all it has to offer – outdoor fun with her family and pup, fitness, and amazing people!
Throughout the years she has always given back to the community with donations in time and money to fundraisers such as Ducks Unlimited, KMHA teams, SPCA, Heart and Stroke, Relay for Life along with many others. One of the main organizations she currently supports is Royal LePage’s Shelter Foundation where she has been in the Top 10% of all supporters across Canada, which helps locally at the Kamloops Y Women’s Shelter. Lisa has also contributed to Kamloops’ Real Estate Association by serving on the Education Committee. Giving back has always been important and remains so today, which is why she donates to any charity of her client’s choice for every Buyer or Seller who completes a real estate transaction.