


Lee Creek (North Shuswap), British Columbia, V0E1M5
This 2-bedroom, 1-bathroom recreational in Lee Creek offers a 0.08 ac lot. Built in 2008, 1 storey. The property has lot dimensions of 0.08. The home features forced air heating. Highlights include a 2-car garage. Monthly condo fee of $699.89.
Builder alert! This is a premium, south-facing, view lot in Gateway Lakeview Estates in Lee Creek. Buying this affordable recreational lot and then building a beautiful cozy cottage, could be the perfect opportunity to pick up some huge equity! Come and take a look at this opportunity to see if it fits your ability to complete a new home project. Your gain in equity could far outweigh the effort put in. This gated community is open year-round, allowing all to enjoy a myriad of year-round recreational activities in all four seasons. Private Lake access features a large beach area with a daytime dock. Zoning allows for 182 days of usage per year. Rent your new cottage out for only one weekend to easily recoup the monthly fee of $699.89, and then enjoy the rest of the time yourself. With every new property sold, the HOA fee will be reduced. There are 111 properties to sell so that fee will get reduced by about $350.00 when they’re gone. These changes to the HOA fee will be reflected in future annual budgets. So, the currently heavy HOA fee is temporary. Undivided Interest properties are typically an ‘all cash’ purchase but here, the Seller will lend any qualified buyer a mortgage at competitive rates with a minimum 50% down payment! It does not get any better than this for the money! On top of that, the Buyer will receive a Buyer credit from the developer on closing in the amount of $4200 to combat those fees. Book your appointment to view now, you gotta see it to believe it! (id:60351)
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Listed by Kent Redekop, Riley & Associates Realty Ltd.
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Listing represented by Kent Redekop, Riley & Associates Realty Ltd. · MLS# 10376973
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.