1387 Little Shuswap Lake Road
Chase, British Columbia
MLS® 10377940
$99,500
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10377940
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 38Listing description
Rare Opportunity! 49-year periodic Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire and the owners have decided to let it go.
29 years remain of a 49-year periodic lease. The lot has been approved so that a building permit can be submitted; environmental done, required Archaeological Impact Assessment preparation has been complete. There may be a cost associated with attaining the AIA report from the band when the building has been finalized on the lot.
Annual lease fee is $15,052. The next rent review will be in 2029 for a 2030 start. This parcel is one of the nicest lots on Little Shuswap lake, wow!
Almost a football field in size, this gem has all the room you are ever going to need. With Southern exposure for maximum sun plus a small pebble beach with medium deep water, this baby meets all the important requirements when considering your parcel of land on the Shuswap. From here you'll have direct access to all that the Shuswap has to offer including world class boating, hiking, biking, wining & dining at Jack Sam's Restaurant and golfing at Talking Rock golf course.
Please note that this must be an all-cash purchase seeing as periodic lease properties are not CMHC approved. Any potential buyer must know that they must build on this lot within an acceptable amount of time, 2 years maybe, and the buyer will be responsible for paying the costs associated with rebuilding. Come and see this baby today!
Property summary
- MLS® number
- 10377940
- Property type
- Vacant Land
- Building type
- Other
- Title
- Leasehold
- Land size
- 0.54 acres
- Annual property taxes
- $1,635.58
- Days on market
- 175 days
Features & details
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
- Waterfront
- Waterfront on lake
What would this home cost you?
Based on the $99,500 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 Riley & Associates Realty Ltd., Chase.
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.