Address
11530 Turtle Bay Court, Lake Country, BC
Price
$ 2,499,000
Property Attributes
- ID#10385448
- TypeLand
- Listing Status Active
- MunicipalityLake Country
- CityLake Country
- AreaLake Country
- NeighbourhoodLake Country East / Oyama
- Postal CodeV4V 1X9
- Style
- Price$ 2,499,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Lot Size0.61 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)
General Features
| Road Type | Paved road |
|---|---|
| Property Type | Vacant Land |
| Neighbourhood | Lake Country East / Oyama |
| Building Type | Other |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|
Exterior Features
| Land Current Use | Development commercial |
|---|---|
| Sewer | Municipal sewage system |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in V4V 1X9
Price
In The Neighbourhood
Waterfront
Lake Country
$ 45,000,000
- Type
- Land
- Lot Size
- 475.7 Acres
Sotheby's International Realty Canada
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