Space
Finished area and layout
- Living Area
- 936 sqft
- Bedrooms
- 2
- Bathrooms
- 1
+21 more
2
Bedrooms
1
Bathrooms
936 sqft
Living Area
0.37 ac
Lot
1945
Year Built
Property Snapshot
Key details for this listing
MLS #10397828
Property
Type, style and structure
- Type
- residential
- Style
- single family / Detached
- Ownership
- Freehold
- Basement
About This Property
This 2-bedroom, 1-bathroom single family in Peachland offers 936 sqft of living area on a 0.37 ac lot. Built in 1945, 1 storey. The property has lot dimensions of 0.37. The home features baseboard heaters, electric, see remarks heating, a partial basement.
MLS Remarks
Exciting development and investment opportunity in Peachland! This property features an existing renovated home that is currently rented, providing holding income while you explore the development potential. Zoned R1, the property has received a Preliminary Layout Review from the District of Peachland for a proposed two-lot subdivision, with the proposed lots meeting the required minimum dimensions. Importantly, District of Peachland Zoning Bylaw No. 2400 provides for a maximum density of up to four dwelling units on an R1 lot serviced with both municipal water and sewer. If the proposed subdivision is completed, each of the two resulting R1 lots could therefore have potential for up to four dwelling units, creating the potential for up to 8 units in total, subject to approvals and applicable requirements. Combined with BC’s Bill 44 housing legislation, this property offers significant future development potential. A new development featuring duplexes is also underway directly behind the property, highlighting continued residential growth in the area. An excellent opportunity for investors, builders or developers seeking rental income today and strong future development potential. Buyers are encouraged to verify permitted uses, density, servicing and development requirements with the District of Peachland. (id:60351)
Full Listing Details
Address5940 Victoria Street
MLS#10397828
Listing StatusActive
Property TypeResidential
Sub-TypeSingle family
TransactionSale
Days on Market33
Common InterestFreehold
Annual Tax$2,783
Parking6
Parking TypeAdditional Parking
Structure TypeHouse
AttachedDetached
StyleDetached
Year Built1945
Bedrooms2
Bathrooms1
Living Area936 sqft
Stories1
CityPeachland
ProvinceBritish Columbia
Postal CodeV0H1X4
Lot Size0.37 ac
Lot Dimensions0.37
Frontage130.0 feet
Lot FeaturesIrregular lot size
Total Parking6
Parking FeaturesAdditional Parking
HeatingBaseboard heaters, Electric, See remarks
BasementPartial
RoofAsphalt shingle, Unknown
AppliancesWasher, Refrigerator, Range - Electric, Dryer
ExteriorStucco
ViewLake view, View (panoramic)
CommunityFamily Oriented
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$2,783
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