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 (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,260 sq. ft.117 m2
Zoning:
Unknown
Taxes:
$3,985.79 /
-
Community:
North Glenmore
Structure Type:
House
Bedrooms:
3
Bathrooms:
1.0
Half Bathrooms:
0
Cooling:
See Remarks
Fireplace:
No
Heating:
Other
# Storeys:
1.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
16,988 sq. ft.1,578 m2
Lot Details:
0.39
Parking:
Detached Garage
Total Parking Spaces:
5
Floor
Type
Dimensions
Other
Main level
Workshop
32'9.75 m
x
16'4.88 m
-
Main level
Bedroom
9'2.74 m
x
8'2.44 m
-
Main level
Primary Bedroom
13'3.96 m
x
9'2.74 m
-
Main level
Dining room
12'3.66 m
x
11'3.35 m
-
Main level
Foyer
10'3.05 m
x
4'1.22 m
-
Main level
Bedroom
9'2.74 m
x
9'2.74 m
-
Main level
Kitchen
19'5.79 m
x
9'2.74 m
-
Main level
Living room
19'5.79 m
x
12'3.66 m
-
Floor
Ensuite
Pieces
Other
Main level
No
-
Listed by Oakwyn Realty Okanagan and Oakwyn Realty Ltd.
Data was last updated March 10, 2025 at 12:45 PM (UTC)
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