Lot 1 MIDDAY VALLEY ROAD, Merritt

2024-06-27
 

Quick Summary

Location
Lot 1 MIDDAY VALLEY ROAD, Merritt, British Columbia V1K1M9
Price
$3,199,990 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#178937

Property Description

This 12 acre hillside lot on the South Western boarder of Merritt can accommodate up to 200 units and allows a maximum height of 4 stories. Merritt is in dire need of housing and has a low vacancy rate. Services are at lot line and site can be delivered Dec 2024. The City of Merritt conducted a housing needs report in 2021 that stated 65 units are required annually to keep up with demand for housing. Ask listing agent for complete info package. Seller is open to offers, partial vendor financing, or a joint venture. (id:32467)

Property Features

Building

  • Construction Style: Other
  • Fireplace: No

Land

  • Land Size: 12.5 ac

Ownership

  • Type: Freehold

Information entered by HomeLife Advantage Realty Ltd
Listing information last updated on: 2024-09-16 16:01:56


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$500,000

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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