64 Centre Avenue
Kamloops, British Columbia
MLS® 10398267
$649,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10398267
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 11Listing description
64 Centre Ave offers a prime 5 unit townhouse development site situated in the geographic heart of Kamloops' West End. Positioned at a ready for development stage with City of Kamloops preliminary approvals secured for a 5 plex strata project, this property allows builders to step directly into immediate project planning. Existing architectural work is available for review, yet the site affords complete flexibility for developers to bring their own custom vision and execute their highest and best strategy.
A 5 unit multi family development in this physical location is ideal for modern infill density and developer return. Whether your approach involves a custom townhouse build for a strata sell off upon completion, or holding 5 units for long term passive rental revenue, this land provides an ideal foundation to maximize your capital. The location delivers outstanding underlying real estate fundamentals.
Situated a stone's throw (5 minutes) from Thompson Rivers University, home to over 18,000 students and staff annually, the property captures a remarkably strong, consistent tenant and buyer market. The site is also 5 minutes from Royal Inland Hospital, 5 minutes from Downtown Kamloops, and within a short walk to major transit, grocery stores, cafes, and everyday services. Multi family development land at this ready stage in central Kamloops is rarely available.
Contact today to review the available package and explore your next steps.
Property summary
- MLS® number
- 10398267
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 0.14 acres
- Annual property taxes
- $2,480.97
- Days on market
- 7 days
What would this home cost you?
Based on the $649,000 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 Royal LePage Westwin Realty, Kamloops.
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.