1475 Little Shuswap Lake Road

Affordable waterfront cottage on Little Shuswap Lake! You'll love this recently renovated rancher with additional in-law accommodation. Features include a gourmet kitchen with eating bar, 3 bedrooms, 2 bathrooms, and a den in the main home. There is also a fully self-contained, 1 or 2-bedroom in-law accommodation. Both sides have their own laundry, and, depending on what’s needed, a large flex room could easily be utilized by either side. Features include a brand new certified septic system, a drilled water system, a WETT certified wood-burning fireplace, quality flooring, and a sun-drenched deck with glass rails. The big 26'6"" x 24'6"" detached garage with high ceilings, an electric blower for heat, and 200-Amp service, is a huge bonus! A usable 0.53-acre lot has 100' of south facing waterfront has 2 separate driveways and tons of parking! Direct access to golf and the lake! It’s important to note that this is an all-cash purchase, but it is more important to note that the Seller will carry financing for qualified buyers with a 50% down payment, epic! The Crown lease on Native land goes until 2054. With a history of leasehold waterfront properties having offered multiple leases over time, there's a precedent set that indicates the likelihood of securing a new lease or an extension of the same, at the end of the term. That said, it is never a guarantee. Annual rent is $13,250, rent reviews every 5 years, the next one is in 2029. Book your appointment to view this home today! (id:14735)

Listed by Riley & Associates Realty Ltd..