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13218 KELLY Avenue

$875,000 | 4 Beds | 2 Baths | 1,816 Sq.Ft.
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13218 KELLY Avenue

MLS #193619

Property Description

Fantastic opportunity to own a great development or holding property in the heart of downtown Summerland. Currently occupied as a single family home rented for $2,750/mth to great tenants, this property has the ability to take advantage of the central business zoning that allows for mixed use commercial/residential development. The 50ft by 120ft lot provides plenty of room to create spacious residences above or behind the commercial space, with 100% lot coverage allowed and up to 4 stories or 15 meters in height. Located across the street to the Aquatic Centre and steps to downtown, great location to provide highly sought after affordable rental units, or affordable strata units for sale. Development permit approval is now in place, can be assigned with approval of the district. Seller would look at taking trades as partial payment, or would also consider a joint venture. Contact the Listing Agent for more details. (id:47466)

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Price:$875,000
MLS Number:193619
Full Address:13218 KELLY Avenue, Summerland, British Columbia, V0H1Z0
Year Built:1930
List Date:April 8th, 2022
Lot Size:0.1.00040 ac|under 1 acre

Property Specifications

Bedrooms:4
Bathrooms:2
Heating:Natural gas
Foundation:Concrete

Interior Features

Storeys:1
Ownership Type:Freehold
Sewer:Municipal sewage system
Water Service:Municipal water
Building Size:1816 sqft
Roof:Asphalt shingle
Exterior:Stucco
Garage / Driveway:See Remarks

Building Features

Square Footage:1816 sqft

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Agent: Wes Stewart | Office: Royal Lepage Locations West
Multiple Listing Service (MLS) trademark® The MLS® mark and 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. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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