Don Rae Realtor


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  • 1348 Cedar Street Okanagan Falls V0H1R0

    Price : $1,950,000 Listing ID : 10354184
    1 Bedrooms 1 Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 1267 sqft
    Built in : 1950 Total Parking Spaces : -
    Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Park, Recreation, Schools, Shopping Access : Easy access Appliances Inc : -
    Community Features : Family Oriented Features : Level lot Structures : -
    Total Parking Spaces : - View : - Waterfront : Waterfront on river
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : See remarks Roof Style : -
    Roofing Material : - Sewer : Municipal sewage system Utility Water : Private Utility
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : Level
    Rooms
    Level : Type : Dimensions :
    Main level 4pc Bathroom 6' x 8'
    Kitchen 8' x 10'
    Living room 12' x 18'
    Primary Bedroom 9' x 9'
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.