11530 Turtle Bay Court new

Lake Country,BC V4V1X9

$ 2499000

- Bed

0 Bath

2000 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,249

Subdivision Lake Country East / Oyama

MLS Listing ID 10365456

Year Built 1992

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plansa 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:24570)

Location

Province BC

Zoning Commercial

Rooms

Kitchen 0.0

Interior

Heating See remarks

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Roof Type Unknown

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped

Sewer Municipal sewage system

Others

Ownership Freehold

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