1387 Little Shuswap Lake Road, Chase, British Columbia V0E 1M2

Listed for:
$99,500
0 beds
0 baths
Listed 28 days ago
Other for rent: 1387 Little Shuswap Lake Road, Chase, British Columbia V0E 1M2

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About

Rare Opportunity! 49-year periodic Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire and the owners have decided to let it go. 28 years remain of a 49-year periodic lease. The lot has been approved so that a building permit can be submitted; environmental done, required Archaeological Impact Assessment preparation has been complete. There may be a cost associated with attaining the AIA report from the band when the building has been finalized on the lot. Annual lease fee is $15,052. The next rent review will be in 2029 for a 2030 start. This parcel is one of the nicest lots on Little Shuswap lake, wow! Almost a football field in size, this gem has all the room you are ever going to need. With Southern exposure for maximum sun plus a small pebble beach with medium deep water, this baby meets all the important requirements when considering your parcel of land on the Shuswap. From here you'll have direct access to all that the Shuswap has to offer including world class boating, hiking, biking, wining & dining at Jack Sam's Restaurant and golfing at Talking Rock golf course. Please note that this must be an all-cash purchase seeing as periodic lease properties are not CMHC approved. Any potential buyer must know that they must build on this lot within an acceptable amount of time, 2 years maybe, and the buyer will be responsible for paying the costs associated with rebuilding. Come and see this baby today! (id:27476)

Property Highlights

MLS® Number
10377940
Type
Vacant Land
Ownership Type
Leasehold/Leased Land
Land Size
0.54 ac|under 1 acre

Building

Building Type
Other
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
None

Location

Learn more about this property
Listing provided by:
Riley & Associates Realty Ltd.
MLS® number:
10377940
Agent:
Kent Redekop
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