Michael Beatch
Referral Partner
Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:6289)
| Avg. asking price | $1,396,096 |
| Price per sq. ft. | $874 |
| Median price | $458,800 |
| Number of homes for sale in Lake Country East / Oyama | 171 |
| Number of homes for sale in Lake Country | 238 |
| Avg. Days on Market | N/A |
Vacant Land
Lake Country, British Columbia
Discover An Incredible Opportunity To Build Your Dream Home On Over Eight Acres Of Pristine Lakefront Land In Beautiful Lake Country. These Vacant Building Lots Offer Breathtaking Lake Views And Lake Access To A Spectacular Pebble Beach—per ...(more)
Vacant Land
Lake Country, British Columbia
Unique Opportunity To Acquire 5.1 Acres Of Semi-lakeshore Land Not In The Alr In The Prestigious Okanagan Centre Area Of Lake Country. With Rr2 Zoning Already In Place, There Is Immediate Subdivision Potential To Subdivide Into 2 Separate 2 ...(more)
Vacant Land
Lake Country, British Columbia
Presenting The Perfect Canvas For Your Dream Home With This 0.322-acre Lakefront Residential Building Lot, Located In The Prestigious And Sought-after Carrs Landing Community Of Lake Country. This Property Offers Gorgeous Views Of Okanagan ...(more)
