BC Cabin for sale in the Kootenays

$149,000.00
Posted
Kellie St, Columbia-Shuswap B, BC V0E, Canada(View Map)
  • Bedrooms
    3
  • Bathrooms
    2
  • Size (sqft)
    1,400

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Description

Are you looking to purchase a piece of paradise? This property is part of a HOA (Homeowners Association) with 6 acres and 500 feet of shoreline on beautiful Trout Lake. The cabin is originally a duplex where a door has now been added to utilize both units. It can easily be returned to the two separate 700 sq foot cabins, This is a share sale which provides the owner with share certificates within the company Trout Lake Properties. It entitles the owner to use of the 6 acres of waterfront common area, use of all the common area amenities, use of sewage treatment system and of course the cabin. As this is a duplex the owner would receive 2/11 shares in the company (1 share for each side). This one was established in the 70's as it was originally a closed up fishing l lodge and the owner wanted to subdivide it . BC government at the time would not allow it. So the owners got around it by selling shares and assigning shares to each cabin. The downside is you will not be able to get a conventional mortgage. You can use a line of credit or I can finance it. The upside is it is $149,000 and includes waterfront. By comparison there are two cabins (not on the water) in Trout Like one is $370000 and one is $570000. So the value is there. By combining each side of the duplex, this cozy cabin has 3 bedrooms, 2 bathrooms, 2 living rooms and 2 kitchens. Trout lake has some of the most amazing fishing in BC and is home to the massive Gerard Rainbow Trout, This area is the mecca for exploring the backcountry by quad or snowmobile with access at your backdoor. On those cold rainy days, head to Halcyon Hot Springs for a dip and dine. Don't miss out on this piece of paradise! (id:22010406 ) https://www.realtor.ca/real-estate/19579767/3-bedroom-single-family-house-515-kellie-street-trout-lake?

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