Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:47421)
Share
Listed By
RE/MAX Penticton Realty, Homelife Benchmark Titus Realty
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
2
Bathrooms
1
Listing Contract Date
2025-01-27
Municipal ID
006-914-888
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1954
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Laundry room
Main level
10' x 5'
Kitchen
Main level
16' x 16'
Full bathroom
Main level
Measurements not available
Bedroom
Main level
12' x 10'
Dining room
Main level
9' x 9'
Living room
Main level
14' x 12'
Primary Bedroom
Main level
14' x 10'
Land
Total Size
0.28 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.28
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
