Property Information:

BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery. This charming lakeview home with unstoppable views sits on .49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 - 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions. The underused basement has the potential to add bedrooms and more rental revenue as well. Site power has been upgraded to 400 amps. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Rancher
Basement Type: Partial
Construction Style - Attachment: Detached
Exterior Finish: Wood siding
Fireplace Fuel: Gas
Fireplace Type: Unknown
Floor Space: 1471 sqft
Flooring Type: Carpeted, Laminate, Linoleum
Foundation Type: Block
Roof Material: Asphalt shingle, Tar & gravel
Roof Style: Unknown, Unknown
Heating Type: Baseboard heaters, Forced air
Heating Fuel: Electric
Cooling Type: Central air conditioning
Appliances: Refrigerator, Dishwasher, Range - Gas

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2
Bathrooms: 2
Access Type: Easy access
Amenities Nearby: Recreation
Built in: 1955
Features: Corner Site, Sloping, Jacuzzi bath-tub
Fence Type: Fence
Floor Space (approx): 1471 Square Feet
Irregular: Yes
Landscape Features: Underground sprinkler
Lot Frontage: 132 Feet
Lot Size: 0.49 Acres
View Type: Lake view
Sewer: Municipal sewage system
Parking Type: Carport
No. of Parking Spaces: 8

Rooms:

Den Main Level 7'9'' x 17'3''
Dining Main Level 12'2'' x 10'
Bathroom Main Level 10'6'' x 4'11''
Bedroom Main Level 11'7'' x 11'5''
Bathroom Main Level 7'3'' x 7'2''
Primary Bedroom Main Level 18'9'' x 11'5''
Living Main Level 13'6'' x 19'8''
Kitchen Main Level 12'3'' x 15'10''

Courtesy of: Stilhavn Real Estate Services

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Demographic Information of 5286 Buchanan Road, Peachland, British Columbia, V0H 1X1

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$114,204.48

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.63 %

High school certificate or equivalent

32.05 %

Apprenticeship trade certificate/diploma

11.22 %

College/non-university certificate

26.88 %

University certificate (below bachelor)

1.85 %

University Degree

17.36 %

Commuter

Travel To Work

By Car

90.55 %

By Public Transit

0.0 %

By Walking

6.87 %

By Bicycle

0.0 %

By Other Methods

2.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.63 %

Houses

78.37 %

5286 Buchanan Road, Peachland, British Columbia, V0H 1X1