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285 Waterford Avenue

4 Bedroom | 1 Bathroom | 1591 sqft

$695,000

This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential. (id:50889)

Property Details

MLS® Number

10317688

Neigbourhood

Main North

AmenitiesNearBy

Public Transit, Airport, Recreation, Schools, Shopping

Features

Level Lot

Building

BathroomTotal

1

BedroomsTotal

4

ConstructedDate

1956

ConstructionStyleAttachment

Detached

CoolingType

Central Air Conditioning

ExteriorFinish

Wood Siding

HeatingType

Forced Air, See Remarks

RoofMaterial

Asphalt Shingle

RoofStyle

Unknown

StoriesTotal

1

SizeInterior

1591 Sqft

Type

House

UtilityWater

Municipal Water

Land

Acreage

No

LandAmenities

Public Transit, Airport, Recreation, Schools, Shopping

LandscapeFeatures

Level

Sewer

Municipal Sewage System

SizeIrregular

0.33

SizeTotal

0.33 Ac|under 1 Acre

SizeTotalText

0.33 Ac|under 1 Acre

ZoningType

Commercial

Rooms

Level Type Dimensions
Main Level Kitchen 15'0'' x 10'0''
Main Level Primary Bedroom 13'7'' x 12'8''
Main Level Bedroom 10'4'' x 10'3''
Main Level Full Bathroom Measurements not available
Main Level Bedroom 10'0'' x 6'6''
Main Level Bedroom 13'0'' x 10'3''
Main Level Living Room 16'0'' x 14'0''
Main Level Dining Room 14'0'' x 9'0''

Interested?

Contact us for more information

team green group logo 250-486-4282 info@teamgreen.ca

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