About This Property
Prime RM1 Development Opportunity with Stunning Lake Views An exceptional development opportunity in a prime central location — this RM1-zoned property spans nearly half an acre and allows for up to 14 multi-family units. Ideally positioned directly across from a public beach and park, it offers unobstructed east-facing lake views that will add significant appeal and value to any future project. Just one block from an elementary school and daycare, this site is perfectly suited for family-oriented rental or strata developments. The existing 3-bedroom home is currently rented creating great income while development plans are underway. With strong fundamentals, a high-demand location, and excellent redevelopment potential, this is a must-see for serious builders and investors (id:64973)
At $662 per square foot, this Osoyoos property is priced slightly above the local market average, but its RM1 zoning and stunning lake views make it a compelling development opportunity. The large lot size and proximity to schools and amenities make this an ideal investment for developers seeking to capitalize on Osoyoos' growing demand for multi-family housing.
Video Tour
Property Details
Location
Interested in buying in Osoyoos?
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.