This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-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 157 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 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/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:56537)
Contact Don Rae 250-864-7337 the experienced condo specialist that knows Single Family. Outside the Okanagan? Call toll free 1-877-700-6688
Amenities Nearby : Schools
Access : -
Appliances Inc : Refrigerator, Dryer, Range - Electric, Washer
Community Features : -
Features : Irregular lot size
Structures : -
Total Parking Spaces : 8
View : -
Waterfront : -
Architecture Style : -
Bathrooms (Partial) : 0
Cooling : Wall unit
Fire Protection : -
Fireplace Fuel : -
Fireplace Type : -
Floor Space : -
Flooring : Laminate
Foundation Type : -
Heating Fuel : -
Heating Type : Forced air, See remarks
Roof Style : Unknown
Roofing Material : Asphalt shingle
Sewer : Municipal sewage system
Utility Water : Municipal water
Bedroom
: 11'0'' x 11'0''
Primary Bedroom
: 13'0'' x 10'0''
Kitchen
: 13'0'' x 11'4''
Dining room
: 12'0'' x 9'0''
Living room
: 16'0'' x 12'6''
3pc Bathroom
: 8'0'' x 8'0''
Bedroom
: 12'0'' x 8'0''
Bedroom
: 12'0'' x 10'0''
Kitchen
: 9'0'' x 8'6''
Dining room
: 8'0'' x 8'0''
Living room
: 13'0'' x 12'0''
3pc Bathroom
: 7'0'' x 5'0''
Laundry room
: 12'0'' x 9'0''
Den
: 11'0'' x 8'0''
Bedroom
: 13'0'' x 12'0''
Recreation room
: 16'0'' x 14'0''
4pc Bathroom
: 10'0'' x 5'0''
