1138 LAKEVIEW CRESCENT, Williams Lake | $1,350,000

* PREC - Personal Real Estate Corporation. Prime Redevelopment Opportunity! This 1.73-acre property in Williams Lake is newly zoned R-4 Medium Density Multi-Family, meaning this property could allow for up to 70 units (pending servicing upgrades). With stunning lake and city views, this site is perfect for an apartment complex, townhomes, or multi-family project. Preliminary reports confirm development feasibility, and the existing home currently generates $4,000/month in rental income. Centrally located near schools, shopping, and transit, this is a rare investment opportunity in a growing market. Act now!

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Description

* PREC - Personal Real Estate Corporation. Prime Redevelopment Opportunity! This 1.73-acre property in Williams Lake is newly zoned R-4 Medium Density Multi-Family, meaning this property could allow for up to 70 units (pending servicing upgrades). With stunning lake and city views, this site is perfect for an apartment complex, townhomes, or multi-family project. Preliminary reports confirm development feasibility, and the existing home currently generates $4,000/month in rental income. Centrally located near schools, shopping, and transit, this is a rare investment opportunity in a growing market. Act now!

General Info

MLS Listing ID: R2979614 Bedrooms: 4 Bathrooms: 2 Year Built: 1960
Parking: N/A Heating: Forced air Lotsize: 75358.8 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full

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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 .