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7808 Spartan Drive Osoyoos, British Columbia V0H 1V7

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$1,999,000

Exceptional Development Opportunity in Sunny Osoyoos, BC, you don’t want to miss!!! Ideal for developers, builders, and investors looking to capitalize on a booming market in a sought-after location, make this project an unparalleled investment opportunity in the heart of Osoyoos, BC. Situated on Spartan Drive, the BEST location in town, just steps to the BEACH and the LAKE, this property is at the epicenter of Osoyoos, surrounded by vibrant community amenities and stunning lake views. Zoned and approved for the construction of 22 UNITS, including 5 modern TOWNHOUSES and 17 stylish APARTMENTS, a perfect blend that creates a dynamic residential community ideal for a diverse range of buyers. With the Building and Development Permit approved and Building Plans available, you can start building phase 1 tomorrow. All background work has been done, complete information package and proforma available upon request. Don't miss the chance to transform this prime piece of real estate into a profitable venture. The apartment can qualify for CMHC financing with 95% LTV, 50 year amortization and low holding interest rates. (id:52811)

Property Details

MLS® Number 10315112
Property Type Vacant Land
Neigbourhood Osoyoos
Amenities Near By Park, Recreation, Shopping
Features Level Lot, See Remarks
Road Type Paved Road
View Type Lake View, Mountain View

Building

Type Other
Utility Water Municipal Water

Land

Access Type Easy Access
Acreage No
Land Amenities Park, Recreation, Shopping
Landscape Features Level
Size Frontage 133 Ft
Size Irregular 0.49
Size Total 0.49 Ac|under 1 Acre
Size Total Text 0.49 Ac|under 1 Acre
Zoning Type Multi-family

Utilities

Electricity Available
Sewer Available
Water Available

https://www.realtor.ca/real-estate/26959781/7808-spartan-drive-osoyoos-osoyoos