MLS: 10332173
163 Cariboo Road
2864 sqft
5 Bedrooms
3 Bathrooms
$1,399,000
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:6770)
3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre NewListed by Kara Rosart
Oakwyn Realty Okanagan
Share this listing
Overview
- Price $1,399,000
- MLS # 10332173
- Age 1972
- Stories 2
- Size 2864 sqft
- Bedrooms 5
- Bathrooms 3
- Exterior Stucco, Wood siding
- Cooling Wall Unit
- Appliances Refrigerator, Dryer, Range - Electric, Washer
- Water Municipal water
- Sewer Municipal sewage system
- Flooring Laminate
- Listing Agent Kara Rosart
- Listing Office Oakwyn Realty Okanagan
