$505,000
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1 Bed
1,007 SqFt
SOLD DATE : 02/01/2023
Key Details
Sold Price $505,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,007 sqft
Price per Sqft $501
MLS Listing ID 918396
Sold Date 02/01/23
Bedrooms 1
Rental Info Unrestricted
Annual Tax Amount $1,254
Tax Year 2022
Lot Size 3.410 Acres
Acres 3.41
Property Description
Amazing potential on this 3.4 acre level property located in uptown Manson's Landing. Rare for lot of this size to come up for sale on the central South End! Currently residential, but is zoned Service Commercial One. Beautiful lot in town has wonderful mix of sunny clearings, mature forest, plus an old orchard. Original “as-is where-is” house has functioning septic, property serviced with water from drilled well and BC Hydro. Easy to develop: Gas station, hotel/ motel, warehouse, storage, pub/restaurant. SC1 allows Commercial plus 2 dwellings for Residential use. Price is based on LAND VALUE, HIGHEST AND BEST USE SC1 ZONING.
Currently there is a long term tenant living in his own tiny home on the land, with multiple moveable "outbuildings." Non of the moveable structures included in sale. Upon sale terms being met per BC tenancy law, the buyer may request the seller give current tenant 2 month's notice to vacate. Tenant is amenable to moving and has already begun prepping.
Location
Province BC
County Strathcona Regional District
Area Isl Cortes Island
Zoning SC-1
Rooms
Other Rooms Barn(s), Storage Shed
Main Level Bedrooms 1
Kitchen 1
Interior
Heating Hot Water, Wood
Exterior
Utilities Available Electricity Available, Electricity To Lot, Garbage, Phone Available
Roof Type Metal
Parking Type Driveway
Total Parking Spaces 4
Building
Lot Description Acreage, Central Location, Cleared, Easy Access, Level, Private, Rectangular Lot, Rural Setting, Serviced, Shopping Nearby, Wooded Lot, See Remarks
Foundation Other
Sewer Perc Test on File, Other
Water Well: Drilled, Well: Shallow
Structure Type Frame Wood,Wood
Others
Restrictions None
Tax ID 000-029-441
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Royal LePage Advance Realty