About This Property
Attention Investors and developers! Lot subdivision potential on this beautiful 1/2 acre Lake View property in lower town Summerland. RU2 zoning allows for Development of Single Detached Housing, Multi-Unit Housing, and Duplex Housing. This zoning also has provisions for carriage homes and suites. (id:64973)
The price of $999,000 for a 0.49-acre vacant lot in Summerland represents strong value, given the average price per square foot in the local market. This property is well-suited for developers or investors seeking to capitalize on the zoning flexibility and lake view potential to create single-family homes, multi-unit housing, or duplexes.
Property Details
Location
Interested in buying in Summerland?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.