Property Information:

Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0.26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway. Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes. This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations. Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale. (id:27)

Building Features:

Style: Detached
Building Type: House
Air Conditioning: Yes
Architectural Style: Bungalow
Basement Type: Crawl space
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 1425 sqft
Flooring Type: Carpeted
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Wall unit
Appliances: Refrigerator, Dryer, Range - Electric, Microwave, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3
Bathrooms: 1
Amenities Nearby: Golf Nearby, Airport, Recreation, Shopping
Built in: 1965
Features: Level lot
Fence Type: Chain link
Floor Space (approx): 1425 Square Feet
Irregular: Yes
Landscape Features: Underground sprinkler
Lot Size: 0.26 Acres
View Type: City view, Mountain view
Sewer: Municipal sewage system
Parking Type: Detached garage, Other
No. of Parking Spaces: 4

Rooms:

Foyer Main Level 16' x 5'5''
Laundry Main Level 8'5'' x 8'
Bedroom Main Level 16' x 7'
Living Main Level 22'5'' x 15'5''
Kitchen Main Level 11' x 10'
Dining Main Level 12' x 11'
Primary Bedroom Main Level 15'5'' x 9'5''
Bedroom Main Level 12' x 7'5''
Bathroom Main Level 7' x 5'5''

Courtesy of: RE/MAX Penticton Realty

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Demographic Information of 402 CONKLIN Avenue, Penticton, British Columbia, V2A 2T4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$89,348.12

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.67 %

High school certificate or equivalent

35.23 %

Apprenticeship trade certificate/diploma

10.82 %

College/non-university certificate

21.71 %

University certificate (below bachelor)

0.71 %

University Degree

14.86 %

Commuter

Travel To Work

By Car

71.54 %

By Public Transit

0.0 %

By Walking

22.34 %

By Bicycle

2.9 %

By Other Methods

3.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

54.05 %

Houses

45.95 %

402 CONKLIN Avenue, Penticton, British Columbia, V2A 2T4