Property sells for $2.75M
Okanagan Edge Staff - Dec 05, 2018 - Biz Releases

Photo: Western Investor

A one-acre piece of land in Rutland recently sold for $2.75 million, according to Western Investor.

The site is located at 280 McIntosh Rd., and it is designated for medium density housing development. That means it is suitable for a small townhome or condominium development. It was previously approved for a 52-unit condominium development.

The property was listed for $3 million and has an assessed value of $1.65 million.

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