11518 Quinpool Road
Summerland, British Columbia
MLS® 10405552
$895,000
- Status
- Active
- Property type
- House
- MLS® number
- 10405552
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- 1975
Listing description
CLICK TO VIEW VIDEO: Excellent investment opportunity or a great option for multigenerational living with additional income potential. Situated on a quiet, almost ½-acre parcel, this property features two side-by-side, almost identical units with plenty of parking, a carport on each side and a private backyard backing onto an orchard. Each unit offers two levels of living space and has had several upgrades over time.
Unit 101 has tenants upstairs and downstairs, both of whom prefer to stay. Each level features a full-size kitchen and 2 bedrooms. Unit 102 is currently owner-occupied.
The upper level offers 2 bedrooms, while the lower level, recently upgraded, has a large bedroom, a larger newly renovated bathroom, and an excellent opportunity to create an additional income-producing suite. The property offers plenty of parking for tenants, vehicles, RVs and other toys. Unit 101 also includes a garage, currently included in the rental arrangement.
Looking beyond the current use, the almost ½-acre parcel may offer future high-density redevelopment potential, subject to municipal approvals and zoning. Close to everyday amenities, shopping and services. A rare opportunity to combine investment income, multigenerational living and future development possibilities.
VTB or creative financing is an option the seller will consider. Call for details.
Property summary
- MLS® number
- 10405552
- Property type
- Single Family
- Building type
- Duplex
- Square footage
- 3,514 sq ft
- Title
- Freehold
- Built in
- 1975
- Annual property taxes
- $4,349.00
- Parking
- 1 space · Detached Garage, Carport, RV, Additional Parking
- Days on market
- 0 days
Features & details
- Heating
- Forced air, See remarks
- Basement
- Full
- Architectural style
- Multi-level
What would this home cost you?
Based on the $895,000 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, Penticton.
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.