$199,500

About this home

Investor alert! Perched on a premium, south-facing, water view lot in the heart of Gateway Lakeview Resort in Lee Creek, this unfinished, 2008 built, 3-level cottage with huge basement-level tandem garage, could be the perfect opportunity to pick up some huge equity! This home is at lock-up stage with electrical & plumbing already roughed in and insulation in the walls, a solid start to a cozy cottage! Come and take a look at this diamond in the rough to see if it fits your ability to complete the project. Your gain in equity could far outweigh the effort that you 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 this cottage out 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 and that will be reflected in future annual budgets. 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 25% 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 for 6 months. Gather more information & book your appointment today to view the site! (id:65958)

Subtype

Recreational

Structure

House

Community

North Shuswap

Common interest

Freehold

Living area

0 square feet

Lot size

0.06 acres

Lot dimensions

0.06

Parking

2 total

Condo/HOA fee

$699.89 monthly

Stories

3

On market

Nov 21, 2025

Status changed

Apr 26, 2026

Annual tax

$1,026.98

Photos

29

MLS#

10369789

Area

LEE_CREEK

Features and systems

Mortgage estimate