3339 BOTHE ROAD Kelowna, Colombia Británica V1W 3M3, Canadá
Tierras en Venta ubicado en 3339 BOTHE ROAD Kelowna Colombia Británica V1W 3M3 Canadá es actualmente en Venta, 3339 BOTHE ROAD Kelowna Colombia Británica V1W 3M3 Canadá está disponible por USD639,434. Si el inmueble ubicado en 3339 BOTHE ROAD Kelowna Colombia Británica V1W 3M3 Canadá no es lo que está buscando, busque Canadá inmuebles para ver más Tierras en Venta en Kelowna .
Nº de MLS: 10311461
USD639,434
CAD900,000
- Mínimo espacio privativo
- 647m² (0.16ac)
Características de la propiedad
Área
- Área del terreno/predio
- 647m² (0.16ac)
Descripción
Offering a 1.89% assumable mortgage and strong rental income, this corner lot is the perfect holding property for future development. The land is already zoned to accommodate up to 6 townhouses and is located on a quiet street close to all that the South Pandosy neighbourhood has to offer—shopping, restaurants, beaches, schools, H2O Centre, public transit, and much more. Higher floors will enjoy beautiful pastoral views in almost every direction and will aide your future development in being a big success! Good rental revenue from the tenants in the existing house ensures that you can take your time perfecting your development plans and then build when the time is right. If the existing mortgage is assumed, the property will generate approximately $1,200/mo in positive cashflow until you are ready to redevelop it (based on current rental income and a 20% downpayment). The increased Property Transfer Tax Exemption on new construction means that a buyer can now purchase an $850k townhouse with less than $65k down if they included the GST in their mortgage. Furthermore, the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $4k/mo (assuming 4% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the extensive street frontage of this lot provides considerable flexibility to realize your own development vision. (id:42016)