Don Rae Realtor


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  • 11263 Lodge Road Lake Country V4V1Y2

    Price : $939,900 Listing ID : 10381835
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : Duplex
    Title : Freehold Finished Area : 1304 sqft
    Built in : 1974 Total Parking Spaces : 6
    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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 6 View : City view, Lake view, Valley view, View of water Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : Heat Pump, Wall unit
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : Baseboard heaters, Heat Pump Roof Style : -
    Roofing Material : - Sewer : Municipal sewage system Utility Water : Private Utility
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Main level 4pc Bathroom 7'3'' x 4'6''
    Bedroom 9'2'' x 8'2''
    Kitchen 11'4'' x 10'4''
    Living room 15'8'' x 11'5''
    Primary Bedroom 11'4'' x 9'3''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.