5940 Victoria Street Peachland, British Columbia V0H 1X4
2 Bedroom
1 Bathroom
936 sqft
Baseboard Heaters, See Remarks
$1,100,000
Exciting development and investment opportunity in Peachland! This property features an existing renovated home that is currently rented, providing holding income while you explore the development potential. Zoned R1, the property has received a Preliminary Layout Review from the District of Peachland for a proposed two-lot subdivision, with the proposed lots meeting the required minimum dimensions. Importantly, District of Peachland Zoning Bylaw No. 2400 provides for a maximum density of up to four dwelling units on an R1 lot serviced with both municipal water and sewer. If the proposed subdivision is completed, each of the two resulting R1 lots could therefore have potential for up to four dwelling units, creating the potential for up to 8 units in total, subject to approvals and applicable requirements. Combined with BC’s Bill 44 housing legislation, this property offers significant future development potential. A new development featuring duplexes is also underway directly behind the property, highlighting continued residential growth in the area. An excellent opportunity for investors, builders or developers seeking rental income today and strong future development potential. Buyers are encouraged to verify permitted uses, density, servicing and development requirements with the District of Peachland. (id:58301)
Property Details
| MLS® Number | 10397828 |
| Property Type | Single Family |
| Neigbourhood | Peachland |
| Amenities Near By | Recreation, Shopping |
| Community Features | Family Oriented |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
| View Type | Lake View, View (panoramic) |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Appliances | Refrigerator, Dryer, Range - Electric, Washer |
| Basement Type | Partial |
| Constructed Date | 1945 |
| Construction Style Attachment | Detached |
| Exterior Finish | Stucco |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 936 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Additional Parking |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Recreation, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 130 Ft |
| Size Irregular | 0.37 |
| Size Total | 0.37 Ac|under 1 Acre |
| Size Total Text | 0.37 Ac|under 1 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Loft | 8'0'' x 39'0'' | ||
| Main Level | Laundry Room | 9'0'' x 7'0'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 9'0'' x 8'0'' | ||
| Main Level | Primary Bedroom | 11'0'' x 9'0'' | ||
| Main Level | Kitchen | 11'8'' x 11'8'' | ||
| Main Level | Living Room | 13'7'' x 11'0'' |
https://www.realtor.ca/real-estate/30313734/5940-victoria-street-peachland-peachland
Contact Us
Contact us for more information
Mike Sollitt
Personal Real Estate Corporation
www.sellitwithsollitt.com/
RE/MAX Kelowna
103 - 2205 Louie Drive
West Kelowna, British Columbia V4T 3C3
103 - 2205 Louie Drive
West Kelowna, British Columbia V4T 3C3
(250) 768-3339
(250) 768-2626
www.remaxkelowna.com/
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 22 2026 10:18:28
Association of Interior REALTORS®
RE/MAX Kelowna