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712 Cedar St., Okanagan Falls, B.C.

Blog by | February 26th, 2010

I just finished uploading this Lot for sale, 712 Cedar St., Okanagan Falls, B.C.

FORECLOSURE - CONTINGENT TO COURT APPROVAL 712 Cedar St. is located on Skaha Lake. It is 0.93 acres commercially zoned (CT1). Development permit in place for a 3 story hotel/condominium apartment complex with 60 condos ranging in size from 328 sq. ft. to 1,147 sq. ft. (average sq. ft. is 769). Designed with underground parking and rooftop pool with hot tub. This property is 2010 assessed for $2,522,000. Listed for $1,390,000 it is over one MILLION below assessed value! An incredible opportunity for a developer! Zoning allows for business, condos, hotel, townhomes, etc. Lots of options. The price is right! No appointment necessary to view. Call realtor to request information package with appraisal, plans, permits, etc. All offers must be subject to court approval. For more information please contact: Alexandra Rebagliati MacDonald Realty Associate Broker/Property Manager Tel: 250.870.2792 Alex@LakeOkanaganRealty.com www.LakeOkanaganRealty.com