Arun Rahul Group

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1348 Cedar Street, Okanagan Falls
1348 Cedar Street, Okanagan Falls
1348 Cedar Street, Okanagan Falls
1348 Cedar Street, Okanagan Falls
1348 Cedar Street, Okanagan Falls
+5 more

1348 Cedar Street, Okanagan Falls, British Columbia

$1,950,000
1
Beds
1.0
Baths
1,267
Square feet
3.9200
Acres

About 1348 Cedar Street

Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:66920)

Key Features

  • Level lot
  • Ranch
  • Family Oriented
  • See remarks
  • House
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$9,120
/month · principal + interest

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Listing courtesy of Association of Interior REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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