45 days on Market

11212 VICTORIA Road, Summerland, British Columbia V0H1Z2

Detached
2
1
~708 sqft
$895,000
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Detached
2
1
~708 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,264/sqft

Est. Mortgage$3,844/mo

Tax Amount ()-

Days On Market45 days


Description

Prime Development Opportunity in a desirable location in Summerland. This rare infill property offers endless potential with street frontage on both sides, making it ideal for developers and investors. Zoned for duplex, this lot allows for this and potentially more, explore with the District of Summerland Development Services. Nestled in a sought-after neighborhood, this property is close to downtown, schools, parks, shopping, and amenities, offering convenience and a community-oriented atmosphere. The existing 2-bedroom, 1-bathroom home is fully renovated and was previously a successful Airbnb. Lovely back covered deck, large fenced yard with spacious garden shed. Open parking at the front of the home. Featuring modern updates including ductless heat pump for heating and cooling and a cozy electric fireplace. Ready for immediate occupancy or interim rental income. The property is currently vacant, allowing for seamless development planning or personal use. Whether you're a seasoned developer or an ambitious investor, this is your chance to create a vibrant, profitable project in one of the area’s most convenient and desirable locations. Don’t miss out on this exceptional opportunity—book your viewing today and take the next step toward realizing your vision! Buyer to do due diligence with District of Summerland development services. (id:39198)


Property Details

StyleHouse, Detached
ViewMountain view
Age of property1946
SqFt~708 SqFt
Lot Size-
Parking Spaces2
MLS ®Number10330474
Community NameSummerland
Data SourceCREA
Listing byRE/MAX Orchard Country

Features

Heating: Heat Pump
Cooling: See Remarks
Basement: Crawl space

Main level Floor

Kitchen

11'5'' x 10'9''

Laundry room

9'3'' x 5'9''

Bedroom

10'2'' x 8'8''

4pc Bathroom

8'2'' x 4'11''


Features

Municipal sewage system

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Dec 17, 2024
ListedActive
$895,000
45 days on market
history photo preview41
Listing by crea®
Property listed by RE/MAX Orchard Country, Brokerage
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Population and Demographics

Overview

Total population 11341
Average household income $112,311

Age (%)

65 and plus
32%
50 to 64
23%
0 to 19
18%
35 to 49
17%
20 to 34
11%

Household composition (%)

Single family
67%
Single person
29%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
92%
Others
3%
German
2%
French
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget

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