Don Rae Realtor


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  • 210 Co-op Avenue Unit# Proposed Lot# 3 Oliver V0H1T0

    Price : $2,250,000 Listing ID : 10393935
    Bedrooms Bathrooms
    Property Type : Vacant Land Building Type : Other
    Title : Freehold Finished Area : -
    Built in : - Total Parking Spaces : -
    An outstanding investment opportunity in the heart of Oliver, the Wine Capital of British Columbia. This spectacular 1-acre riverfront property combines an unbeatable location with exceptional development potential, offering approximately 900 feet of frontage along the river channel in a picturesque park-like setting. Ideally positioned within walking distance of downtown, the property also borders the International Hike & Bike Trail, providing future residents with immediate access to recreation, shopping, restaurants, and everyday conveniences. Currently zoned RH2, the site permits multi-family development of up to 75 apartments per acre, creating the potential for more than 300 apartment units across the entire parcel. The size and configuration also make it well suited for subdivision and phased development, providing flexibility for a variety of investment strategies. Municipal water and sewer services are available at the lot line, helping streamline future development. With exceptionally low vacancy rates throughout the South Okanagan and strong municipal support for additional housing, this is a rare opportunity to secure one of Oliver's premier multi-family development sites. Offered below appraised value. Purchase this parcel individually or combine it with the adjoining properties to assemble the full 4-acre development opportunity. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Golf Nearby, Park, Recreation, Schools, Ski area Access : Easy access, Highway access Appliances Inc : -
    Community Features : Family Oriented Features : Level lot, Irregular lot size Structures : -
    Total Parking Spaces : - View : Mountain view Waterfront : Waterfront on river
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : - Roof Style : -
    Roofing Material : - Sewer : - Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : Level
    Rooms
    Level : Type : Dimensions :
    - - -
    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.