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1201 Victoria Road W, Revelstoke | $749,000

Prime investment opportunity or the perfect starter home with a vision! Situated on a prominent 100a?? x 150a?? corner lot spanning just over 0.32 acres, this unique property features two separate freehold titles, offering incredible future flexibility. The existing home is a solid 3-bedroom, 1-bathroom rancher backed by a reliable tenancy in place, providing immediate cash flow while you plan your next move. The spacious yard includes a detached shop for storage and abundant parking. Bring your bright ideas to life with high-density MU-3 (Mixed-Use) zoning. Located along the citya??s scenic corridor, this zoning permits a vibrant blend of commercial and residential uses, encouraging high-quality, higher-density buildings with minimal setbacks and rear-access parking. Bonus: Short-term rentals are permitted as an accessory or principal use! Whether you want to hold and collect rent, renovate your dream home, or develop a multi-use masterpiece, this property is a rare find.

Description

Prime investment opportunity or the perfect starter home with a vision! Situated on a prominent 100a?? x 150a?? corner lot spanning just over 0.32 acres, this unique property features two separate freehold titles, offering incredible future flexibility. The existing home is a solid 3-bedroom, 1-bathroom rancher backed by a reliable tenancy in place, providing immediate cash flow while you plan your next move. The spacious yard includes a detached shop for storage and abundant parking. Bring your bright ideas to life with high-density MU-3 (Mixed-Use) zoning. Located along the citya??s scenic corridor, this zoning permits a vibrant blend of commercial and residential uses, encouraging high-quality, higher-density buildings with minimal setbacks and rear-access parking. Bonus: Short-term rentals are permitted as an accessory or principal use! Whether you want to hold and collect rent, renovate your dream home, or develop a multi-use masterpiece, this property is a rare find.

General Info


MLS Listing ID: 10393610 Bedrooms: 3 Bathrooms: 1 Year Built: 1953
Parking: Rear Heating: Baseboard heaters Lotsize: 0.32 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Laminate Fireplaces: N/A Basement: N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .