11530 Turtle Bay Court
Lake Country, British Columbia
MLS® 10385449
$2,499,000
- Status
- Active
- Property type
- Business
- MLS® number
- 10385449
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1992
1 / 18Listing description
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.
Property summary
- MLS® number
- 10385449
- Property type
- Business
- Building type
- Other
- Square footage
- 2,000 sq ft
- Land size
- 0.61 acres
- Built in
- 1992
- Parking
- 2 spaces · Attached Garage, Rear
- Days on market
- 121 days
Features & details
- Heating
- See remarks
- Exterior features
- Stucco
- Lot features
- Cul-de-sac
What would this home cost you?
Based on the $2,499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty (Kelowna), Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.