$2,699,000
Developer Alert! OCP is Future Residential development for medium density townhomes or row housing. Also potentially could be made into a single family subdivision or bare land strata complex. Community sewer hook up estimated in 2024. The property is within Phase 1 of the community sewer project area. Waiting on draft OCP approval for higher density changes. Land was previously used as an orchard and is currently used as a hay field. The home is in great shape if you wanted some rental revenue while going through the development process. Sellers are open to rent back options. Also potential for land assembly with the neighboring parcel which would give a total of 5 acres if you purchased both properties. NOT IN ALR which is rare for this area. Only 3 minute drive to Walmart shopping center and 10 minute drive into downtown. (id:42341)
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Property Details
MLS® Number 10273939 Property Type Vacant Land Neigbourhood North BX -
Building
Utility Water Municipal Water -
Land
Acreage Yes Current Use Development Residential Size Frontage 280 Ft Size Irregular 2.49 Size Total 2.49 Ac|1 - 5 Acres Size Total Text 2.49 Ac|1 - 5 Acres -
Utilities
Sewer Available
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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June 28 2023 06:29:52
Okanagan-Mainline Real Estate Board
Sage Executive Group Real Estate - Letnick Estates
