11530 Turtle Bay Court, Lake Country, British Columbia

$2,499,000

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2,000

Square feet

0.61

Acres

About 11530 Turtle Bay Court

Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:6289)

Features of 11530 Turtle Bay Court

Listing # 10385449
Price $2,499,000
Square Footage 2,000
Acres 0.61
Year Built 1992
Type Business

Community Information

Address 11530 Turtle Bay Court
Subdivision Lake Country East / Oyama
City Lake Country
Province British Columbia
Postal Code V4V1X9

Amenities

Features Cul-de-sac
Parking Spaces 2
Parking Attached Garage, Rear
Garages Attached Garage, Rear
Is Waterfront No
Has Pool No

Interior

Heating See remarks
Fireplace No
Has Basement No

Exterior

Exterior Stucco
Lot Description 0.61
Roof Asphalt shingle, Unknown

Listing Details

OfficeeXp Realty (Kelowna)

Listing Map

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