$1,550,000

4433 4th Street, Peachland V0H1X6

Detached

Listed by: eXp Realty (Kelowna).

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Description

Rare Downtown Peachland Development Opportunity! Two prime lots just steps from the lake in the heart of downtown. Zoned C2 – Core Commercial, allowing mixed-use development up to 55 feet (5 stories). Includes plans for a 35-unit condominium building. Lenient zoning for commercial or residential use. The Municipality has expressed interest in a boutique hotel or medical clinic, creating exciting development potential. 1940s houses currently tenanted. Preferably sold in conjunction with neighbouring lot, 4445 4th. An exceptional investment opportunity in one of the Okanagan's most desirable lakefront communities. Bring your vision! (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Other

Annual Taxes: $1

Lot Size: 0.2

Property Details

Property Type	Detached
Sub Type	Vacant Land
Lot Size	0 sq ft
Listing ID	10394325

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4433 4th Street, Peachland
MLS® 10394325 · $1,550,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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