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In-PersonVirtual Tour
$ 260,000
Est. payment | /mo
3,484 Sqft Lot
$ 260,000
Est. payment | /mo
3,484 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Subdivision Okanagan Landing
MLS® Listing ID 10336614
Condo Fees $22/mo
Originating Board Association of Interior REALTORS®
Lot Size 3,484 Sqft
Acres 3484.8
Property Sub-Type Strata
Property Description
Don't miss this incredible opportunity! This walkout lot with a full daylight basement is part of a brand-new bare-land strata development, offering the chance to build a spacious 3-storey single-family home with a self-contained 2-bedroom suite. The walkout lots allow for a 2-3 storey build, and current concept designs suggest a 3-storey option for the most functional layout, featuring 3 bedrooms + den + 3 bath and a well-designed suite. This is a fantastic opportunity for investors looking to maximize rental income and secure higher financing. A 2-bedroom suite could bring in $1,800-$2,000 per month, and mortgage brokers can use the service debt ratio to help increase your allowable loan amount based on rental income. And the location? It's unbeatable! Just a 10-minute walk to Okanagan Lake, directly across from Marshall Fields, and within walking distance to both the elementary and high schools—making it an ideal spot for young families. Plus, with affordable strata fees of only $22.64 per month, this is a fantastic value! Options to bring your own builder or use ours. (id:24570)
Location
Province BC
Zoning Single family dwelling
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features Rentals Allowed
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Strata
Virtual Tour https://drive.google.com/file/d/1dajLkW5UXwDevp7GH4vuK0Hhwv6AbCie/view?usp=drive_link
Listed by Coldwell Banker Executives Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "