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$639,000

2 Beds

1 Bath

920 FEETSQ

QuickQuoteTM: Not Available

Penticton BC, V2A 4V7

MLS® # 10362162

Property Information:

Introducing 1337 Government Street, a well-maintained 2-bedroom character home with considerable charm, situated on an expansive, flat 0.17-acre lot with convenient alley access. This property offers excellent value as either a starter home or a perfect retreat for empty nesters, with the convenience of single-level living. Ample storage is available in the unfinished basement area. The generous lot size is particularly noteworthy—currently, only half is utilized for the home's fully fenced garden and outdoor oasis living area with dedicated parking, while the remainder is maintained and offers privacy from the main road. Given the property's multi-family zoning and the City of Penticton's Official Community Plan emphasis on higher-density development, this represents an exceptional development opportunity for multiple units and developers looking for a great project that would offer access and parking off the alley, as well as a convenient location close to amenities and schools. The unique combination of a quality existing home and significant development potential creates both immediate livability and future value appreciation for any buyer. For a better appreciation of the property, click on the virtual tour link. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Architectural Style: Other
  • Basement Type: Partial
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stucco
  • Floor Space: 920 sqft
  • Flooring Type: Hardwood, Tile, Vinyl
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Window air conditioner
  • Appliances: Refrigerator, Dryer, Oven - Electric, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Access Type: Easy access
  • Amenities Nearby: Public Transit, Park, Recreation, Schools, Shopping
  • Built in: 1932
  • Community Features: Pets Allowed
  • Features: Level lot
  • Fence Type: Fence
  • Floor Space (approx): 920 Square Feet
  • Landscape Features: Landscaped
  • Sewer: Municipal sewage system
  • Parking Type: Oversize, Rear, RV

Rooms:

  • Primary Bedroom Main Level 10'5'' x 11'9''
  • Mudroom Main Level 6'3'' x 9'8''
  • Living Main Level 13'8'' x 15'1''
  • Kitchen Main Level 14'3'' x 11'9''
  • Foyer Main Level 9'6'' x 7'
  • Bedroom Main Level 10'9'' x 10'2''
  • Bathroom Main Level 7'2'' x 4'6''

Courtesy of: Chamberlain Property Group

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Location of 1337 Government Street, Penticton, British Columbia, V2A 4V7

Demographic Information of 1337 Government Street, Penticton, British Columbia, V2A 4V7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$101,303.80

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.02 %

High school certificate or equivalent

36.01 %

Apprenticeship trade certificate/diploma

10.25 %

College/non-university certificate

20.52 %

University certificate (below bachelor)

1.48 %

University Degree

15.72 %

Commuter

Travel To Work

By Car

80.24 %

By Public Transit

2.04 %

By Walking

11.05 %

By Bicycle

0.0 %

By Other Methods

6.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.85 %

Houses

79.15 %

Own Vs. Rent