Single Family
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:6769)
Subarea
North Glenmore
Lot
0.39
Year Built
1972
Sewer
Municipal sewage system
Parking Type
5
Room | Floor | Dimension |
---|---|---|
Workshop | Main level | 16' x 32' |
Bedroom | Main level | 8' x 9' |
Primary Bedroom | Main level | 9' x 13' |
Dining room | Main level | 11' x 12' |
Foyer | Main level | 4' x 10' |
Full bathroom | Main level | Measurements not available |
Bedroom | Main level | 9' x 9' |
Kitchen | Main level | 9' x 19' |
Living room | Main level | 12' x 19' |
Kara Rosart
(250) 863-1274
Oakwyn Realty Okanagan
(250) 861-5122
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2025-04-27 03:07:23