Over 67 acres zoned into fifty-five residential lots and a home to live in. Fifty of the lots are zoned to one-acre lots, with city services. Cost per raw lot (for land) $30,000.00; servicing per lot is under $89,000. Total lot cost is $119,000 or less. Lot value when serviced is $175,000 and up. Four remaining lots (land value given) $25,000 per lot; servicing is $35,000 per lot. Residual lot value is $100,000. House value (on one acre) given is $250,000. Potential profit $2,900,000 at current lot prices. Also see Commercial Listing C8016138.
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A BURNS LAKE RESIDENT Representing Royal LePage PG in
Burns Lake, Decker Lake, Topley, Granisle, South Francois,
2910 Highway 35
Burns Lake, BC, British Columbia
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