Development Opportunity Near Kawkawa Lake! Just a short walk from the lake, this 8.64-acre property offers incredible potential. Preliminary discussions suggest the possibility of building 9 single-family homes along the roadway, plus 20–30 townhouses on the hillside—buyers are advised to verify with the District of Hope for development feasibility. According to the Official Community Plan, the land is designated for a mix of single-family and multi-family residential uses, institutional uses, and commercial transition areas. This allows for a range of housing types, including townhomes, apartments, cluster housing, special needs housing, and secondary dwellings. Currently on the property is a cozy, tenant-occupied 3-bedroom home with a basement, connected to full city services.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow w/Bsmt.
Year built:
1945
(Age: 80)
Living Area:
1,245 sq. ft.116 m2
Building Area - Total:
1,245 sq. ft.116 m2
Bedrooms:
3
(Above Grd: 3)
Bathrooms:
1.0
(Full:1/Half:0)
Taxes:
$5,489.96 /
2024
Lot Area:
8.64 acre(s)3.5 hectare(s)
Outdoor Area:
No Outdoor Area
Plan:
KAP5261
Construction Materials:
Frame Wood, Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
875 sq. ft.81.3 m2
Floor Area Fin - Total:
1,245 sq. ft.116 m2
# Of Garage Spaces:
1.0
Parking Features:
Garage Single, Front Access
Parking:
Garage Single
Parking Total/Covered:
1 / 1
Title to Land:
Freehold NonStrata
No Outdoor Area
1
Refrigerator, Cooktop
Washer/Dryer, Washer, Refrigerator, Cooktop
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Natural Gas Connected, Water Connected
Electricity:
No
Sewer:
Public Sewer, Sanitary Sewer
Status:
Active
Prop. Type:
Residential
MLS® Num:
R2987491
Bedrooms:
3
Bathrooms:
1
Year Built:
1945
Area Statistics
Listings on market:
95
Avg list price:
$699,000
Min list price:
$129,000
Max list price:
$7,990,000
Avg days on market:
59
Min days on market:
1
Max days on market:
354
Avg price per sq.ft.:
$391.43
These statistics are generated based on the current listing's property type
and located in
Hope. Average values are
derived using median calculations.