Salehian.com 647-325-5000

1348 Cedar Street

Okanagan Falls, Okanagan Falls, BC, V0H1R0

Listed by eXp Realty

$1,950,000

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  • 1 bedrooms
  • 1 bathrooms
  • 1267 sq ft

Listed 476 days ago · MLS® 10354184

About this home

Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:66966)

Details

Type
Detached
Style
Ranch
Size
1267 sq ft
Property tax
$3,048
Neighbourhood
Okanagan Falls
Municipality
Okanagan Falls

Interior

Fireplace
No

Heating, cooling and services

Heating
See remarks
Water and sewer
Municipal sewage system

Building and exterior

Style
Ranch
Year built
1950

Rooms

RoomLevelSizeFeatures
4pc BathroomMain level8' x 6'
Primary BedroomMain level9' x 9'
KitchenMain level10' x 8'
Living roomMain level18' x 12'

Location

Location is approximate. See nearby homes on the map

Listed by eXp Realty.

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