$939,900

11263 Lodge Road, Lake Country

Lake Country East / Oyama, Lake Country, BC V4V1Y2

4 bd · 2 ba · 1,304 sq ft · Townhome / duplex

Listed by Coldwell Banker Executives Realty

About this property

Great Investor/Builder Opportunity on Lodge Road in Lake Country. This 0.457 acre property offers a full Duplex of 2 Bedrooms and 1 Bathroom per side with great rental income already in place of over $3900/month. Property currently on sewer and zoned RU6 with a RM2 Zoning application already through the 3rd reading which will allow multiple dwelling or row housing and this property can add 2-3 more units to be added to the property. So whether you want to build your own residence with an additional 1-2 rental units, or add 3 more rental units to bring you to 5 and over $11,000 in Monthly rental incomes, live in one side of the duplex and rent the other, build two 3 or 4 plex's, or continue to take advantage of great rental income while you plan your development options, there are many options available here on Lodge Road, concept is shown in picture of a 3 unit townhome and the build area. The rezoning to RM2 would require the approval of water to each dwelling from the Alto Utilities private utility provider and pay the fee per unit for water rights(Please inquire for more information with listing agent). All the hard work is already done, and a buyer can take it to the finish line from here, this is a great opportunity for a builder or home owner who wants great rental cash flow while you develop in a great area within walking distance to Rail Trail, Parks and Restaurants on Woodsdale Road, public transit, middle and high-schools, and access to Main street and HWY 97. (id:67417)

Property details

Price

$939,900

MLS® number

10381835

Property type

Townhome / duplex · Duplex · Single Family

Ownership

Freehold

Bedrooms

4

Bathrooms

2

Living area

1,304 sq ft

Lot size

0.46 acres · 0.46

Year built

1974

Storeys

1

Parking spaces

6

Annual taxes

$3,797

Community

Lake Country East / Oyama, Lake Country

Features

Style

Ranch

Heating

Heat Pump, Baseboard heaters

Cooling

Wall unit, Heat Pump

Parking

Carport, RV

View

City view, Lake view, Valley view, View of water

Water

Private Utility

Sewer

Municipal sewage system

Fencing

Chain link

Rooms

Level	Room	Size
Main level	Bedroom	8'2'' x 9'2''
Main level	Bedroom	8'2'' x 9'2''
Main level	4pc Bathroom	4'6'' x 7'3''
Main level	4pc Bathroom	4'6'' x 7'3''
Main level	Living room	11'5'' x 15'8''
Main level	Living room	11'5'' x 15'8''
Main level	Kitchen	10'4'' x 11'4''
Main level	Kitchen	10'4'' x 11'4''
Main level	Primary Bedroom	9'3'' x 11'4''
Main level	Primary Bedroom	9'3'' x 11'4''

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