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4607 Princeton Av
Peachland, BC V0H 1X7
Land For Sale
·
2.05 AC
INVESTMENT HIGHLIGHTS
- Amazing waterfront views
- 22 townhome units
- Located in the Central Okanagan
EXECUTIVE SUMMARY
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.
than almost anywhere on the planet.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.05 AC |
| Property Type | Land | ||
| Zoning | RR1 - Rural residential zone 1 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.05 AC |
| Zoning | RR1 - Rural residential zone 1 |
1 LOT AVAILABLE
Lot
| Price | $2,633,735 USD | Lot Size | 2.05 AC |
| Price Per AC | $1,284,748.83 USD |
| Price | $2,633,735 USD |
| Price Per AC | $1,284,748.83 USD |
| Lot Size | 2.05 AC |
2.05 acre lot located in Peachland, BC.
DESCRIPTION
The property is located less than a 3-minute drive to the public boat launch, Beach Ave, Heritage Park and Peachland’s Downtown; and about a 10-minute drive to larger amenities such as the Westbank Walmart Supercentre, Superstore, Save on Foods, Canadian Tire, Home Depot, and more.
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