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Scotch Creek 4
3624 Hilliam Frontage Road
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3624 Hilliam Frontage Road $399,500
$399,500
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3624 Hilliam Frontage Road
Scotch Creek, British Columbia V0E1M5

MLS® Number: 10343070
3
Bedrooms
1
Bathrooms
812
Square Feet

Listing Description

Hurry on this affordably priced oasis along the sandy shores of Shuswap Lake! There is some serious charm in this .67-acre property, proudly boasting a vintage cottage & bunkie with plumbing, what a place! Enjoy sunshine every day from this beauty with prime southern exposure, only the best possible exposure you can have when on the waterfront. The sandy beach stretches to the cottage, so just outside your lakeside door and beyond the deck, you'll find yourself on sand and on your way to the water where your dock & boat awaits! The rancher style cottage features three bedrooms, a full bathroom, a galley kitchen, and open living room with direct access to the beach. You may have to pull straws for the extra accommodation as there is a guest bunkie with toilet and sink. The cottage and additional outbuilding are on a huge parcel, so they are well protected from any road noise. Tons of room for development here, room for a large triple garage! Let this flat, usable spot be your Shuswap getaway, run don't walk to this one! The 39-year periodic Crown lease runs until 2054; the lease payment is $11,250, with the next rent review in 2027. It is important to note that because financial institutions will not finance periodic lease properties such as this one, this would have to be an all-cash purchase, meaning no mortgage as they are not CMHC approved. Renting out these leasehold properties is not allowed under the lease; you could risk losing your lease if you rented this out for holiday rentals. With a history of leasehold waterfront properties in the area, having offered multiple leases over time, there's a strong precedent already set that indicates the likelihood of securing a new lease or an extension to the current lease when it ends. That said, this is never a guarantee. (38496633)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
812 sqft
Neighbourhood Name
North Shuswap
Title
Leasehold/Leased Land
Land Size
0.67 ac|under 1 acre
Built in
1963
Annual Property Taxes
$3,602
Parking Type
See Remarks, Oversize, Rear, RV (1)
Time on REALTOR.ca
18 days

Building

Bathrooms
Total
1
Partial
0
Interior Features
Appliances Included
Washer/Dryer Stack-Up
Flooring
Laminate
Building Features
Features
Irregular lot size
Foundation Type
See Remarks
Style
Detached
Architecture Style
Ranch
Heating & Cooling
Heating Type
Radiant/Infra-red Heat, See remarks
Utilities
Utility Sewer
Septic tank
Water
Sand point
Exterior Features
Roof Style
Unknown (Metal)
Exterior Finish
Wood siding
Neighbourhood Features
Community Features
Pets Allowed, Rentals Allowed With Restrictions
Parking
Parking Type
See Remarks, Oversize, Rear, RV (1)
Total Parking Spaces
15

Measurements

Square Footage
812 sqft

Rooms

MetricImperial
Main level
Dining room
3pc Bathroom
Bedroom
Bedroom
Primary Bedroom
Living room
Kitchen

Land

Lot Features
View
Lake view, Mountain view, View of water, View (panoramic)
Other Property Information
Zoning Type
Residential
Waterfront Features
Waterfront
Waterfront on lake
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
250-318-8120
REALTOR® Website
Email
Book showing
Riley & Associates Realty Ltd.
P.O. Box 459; 930 Shuswap Ave
Chase, British Columbia V0E1N0
250-679-3224

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