4607 Princeton Av - Commercial LAND FOR SALE


Peachland, BC V0H 1X7 89,298 SF
$3,600,000 CAD
604-428-5255
4607 Princeton Av, Peachland, BC for Sale
$3,600,000 CAD
Commercial LAND - FOR SALE
1/1
89,298 SF

4607 Princeton Av
Peachland, BC V0H 1X7


HIGHLIGHTS

  • Amazing waterfront views
  • Located in the Central Okanagan
  • 22 townhome units

OVERVIEW

The project presents the opportunity to develop a multi-unit townhome strata with unobstructed panoramic views of Okanagan Lake in the sought-after Lower Princeton Neighborhood. THIRD reading has been received, with 0.75 FSR, zoning change to RM4, servicing at the lot line and 180 degree Lake Views. The Okanagan is one of the fastest growing areas in North America, with the Metro-Kelowna area (Peachland to Lake Country) identified as the fastest growing metropolitan area in Canada by the 2016-2021 Census. Peachland is a pro development area, easy council to work with and this site has amazing ROI opportunity; with the high-demand for attainable housing and rental units this project is great for all investors. It boasts an amazing climate, natural beauty, strong economy, and “big city” amenities. It is known for being a 4 season playground that is blessed with lake activities, world renowned wineries, ski hills, hiking trails, and more natural beauty than almost anywhere on the planet.

FOR SALE DETAILS

PRICE

$3,600,000 CAD

PRICE/ACRE

$1,756,098/AC

PRICE/SF

$40 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

2.05 AC

LAND SF

89,298 SF

OFFSITE IMPROVEMENTS

-

ZONING

RR1

APN/PARCEL ID

028-877-292

ASK ABOUT THIS PROPERTY

Mark NemishWilliam Wright CommercialMore Info
604-428-5255

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Mark NemishWilliam Wright CommercialMore Info
604-428-5255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.