Description
Rare RM1 Development Opportunity with Panoramic Lake Views. Exceptional investment and development opportunity in one of the area's most desirable central locations. This nearly half-acre RM1-zoned property allows for up to 14 multi-family units, offering outstanding potential for builders and investors looking to capitalize on a high-demand lakeside setting. Perfectly positioned directly across from a public beach and park, the property enjoys unobstructed east-facing lake views, a premium feature that will add lasting value and appeal to any future development. Ideally located just one block from an elementary school and daycare, this site is exceptionally well suited for family-oriented rental or strata projects. The existing 3-bedroom home is currently tenanted, providing valuable holding income while development plans are underway. A rare combination of location, zoning, views, and income potential This is a standout opportunity for serious developers and long-term investors. (id:374)
Details
| MLS # | 10381208 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1957 |
| Days On Site | 217 |
| Listing Provided By | RE/MAX Realty Solutions | Eileen McGinn |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,283 |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.45 |
| Water Front | Yes |
| Property View | Lake view, Mountain view |
Interior
| Cooling | Window air conditioner, Wall unit |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt shingle, Unknown |
|---|
Parking
| Parking Features | Detached Garage, Other, Oversize, See Remarks |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3310 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Osoyoos |
| Postal Code | V0H1V1 |
| Listing VS Median (in V0H1V1) | |
Price: $849,900 low | high Med: $699,000 sqft: 1,283 low | high Med: 2,065 $ / sqft: $662 low | high Med: $340 On site: 217 low | high Med: 95 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Osoyoos |
| Postal Code | V0H1V1 |
| Listing VS Median (in V0H1V1) | |
Price: $849,900 low | high Med: $699,000 sqft: 1,283 low | high Med: 2,065 $ / sqft: $662 low | high Med: $340 On site: 217 low | high Med: 95 | |
