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157 Cariboo Road | $1,299,000
Us Agent Photo
Us
Kevin Arcuri
C. (250) 354-2958
 P. (250) 352-3581
 Phone Kevin TF. 1 (855) 554-2958
 karcuri@telus.net www.liveinthekootenays.com
Layla Precious P. C. (250) 354-3369 Phone Layla preciouscoldwell@gmail.com
COLDWELL BANKER ROSLING REAL ESTATE (NELSON)
593 Baker Street
 Nelson, BC
 Canada V1L 4J1

Details

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Address 157 Cariboo Road
AreaCentral Okanagan
Sub AreaNG - North Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$1,299,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms1
Half Baths0
Floor Space1260 Square Feet
Lot Size0.39 Acres
WaterfrontNo
Year Built1972
Taxes $3,985
Tax Year2023
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

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