712 Cedar St., Skaha Shores, Okanagan Falls, B.C., Canada
COURT DATE SET FOR FEBRUARY 25TH, 2011 AT THE QUEEN'S BENCH IN CALGARY AT 9:00AM!!!!
COURT ORDERED SALE - CONTINGENT TO COURT APPROVAL
712 Cedar St. is located on Skaha Lake. It is 0.93 acres commercially zoned (CT1). Expired development permit for a 3 story hotel/condominium apartment complex with 49 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 $995,000 it is over one and a half 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:
Associate Broker/Property Manager
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