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5940 Victoria Street, Peachland, British Columbia, V0H 1X4

MLS® # 10397828
House For Sale In Peachland, British Columbia
$1,100,000 QuickQuoteTM: Not Available

2 Beds

1 Bath

5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
5940 Victoria Street, Peachland, BC
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5940 Victoria Street, Peachland, British Columbia, V0H 1X4
$1,100,000

2 Beds

1 Bath

Property Information:

Exciting development and investment opportunity in Peachland! This property features an existing renovated home that is currently rented, providing holding income while you explore the development potential. Zoned R1, the property has received a Preliminary Layout Review from the District of Peachland for a proposed two-lot subdivision, with the proposed lots meeting the required minimum dimensions. Importantly, District of Peachland Zoning Bylaw No. 2400 provides for a maximum density of up to four dwelling units on an R1 lot serviced with both municipal water and sewer. If the proposed subdivision is completed, each of the two resulting R1 lots could therefore have potential for up to four dwelling units, creating the potential for up to 8 units in total, subject to approvals and applicable requirements. Combined with BC’s Bill 44 housing legislation, this property offers significant future development potential. A new development featuring duplexes is also underway directly behind the property, highlighting continued residential growth in the area. An excellent opportunity for investors, builders or developers seeking rental income today and strong future development potential. Buyers are encouraged to verify permitted uses, density, servicing and development requirements with the District of Peachland. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: Partial
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stucco
  • Floor Space: 936 sqft
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Dryer, Range - Electric, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Access Type: Easy access
  • Amenities Nearby: Recreation, Shopping
  • Built in: 1945
  • Community Features: Family Oriented
  • Features: Irregular lot size
  • Floor Space (approx): 936 Square Feet
  • Irregular: Yes
  • Lot Frontage: 130 Feet
  • Lot Size: 0.37 Acres
  • View Type: Lake view, View (panoramic)
  • Sewer: Municipal sewage system
  • Parking Type:
  • No. of Parking Spaces: 6

Rooms:

  • Loft 2nd Level 8'0'' x 39'0''
  • Laundry Main Level 9'0'' x 7'0''
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level 9'0'' x 8'0''
  • Primary Bedroom Main Level 11'0'' x 9'0''
  • Kitchen Main Level 11'8'' x 11'8''
  • Living Main Level 13'7'' x 11'0''

Courtesy of: REMAX Kelowna

REALTOR.ca  

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Market Price Trends

Single family detached

0.51%

Price change (1 year)

41.24%

Price change (5 years)

All Properties

-0.4%

Price change (1 year)

40.21%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5940 Victoria Street, Peachland, British Columbia, V0H 1X4

Demographic Information of 5940 Victoria Street, Peachland, British Columbia, V0H 1X4

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$107,000.00

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.88 %

High school certificate or equivalent

38.88 %

Apprenticeship trade certificate/diploma

11.73 %

College/non-university certificate

20.99 %

University certificate (below bachelor)

1.24 %

University Degree

17.29 %

Commuter

Travel To Work

By Car

85.97 %

By Public Transit

5.26 %

By Walking

3.51 %

By Bicycle

0.0 %

By Other Methods

5.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.33 %

Houses

68.67 %

Own Vs. Rent

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