$775,000

House For Sale In Penticton, British Columbia

$775,000
  • 3

    Bedrooms

  • 1

    Bath

  • 0.26 Acres

    Lot Size

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

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.