Pamela Hanson PREC* | 250-486-1119 (cell) | pamhanson@remax.net
Heather Smith Licensed Realtor | 250-486-7126 (cell) | hsmith@remax.net
285 Waterford Avenue Penticton, British Columbia V2A 6V5
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$695,000
This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential. (id:52811)
Property Details
| MLS® Number | 10325345 |
| Property Type | Single Family |
| Neigbourhood | Main North |
| Amenities Near By | Public Transit, Airport, Recreation, Schools, Shopping |
| Features | Level Lot |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 4 |
| Constructed Date | 1956 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Wood Siding |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 1591 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| See Remarks | |
| Other | |
| R V |
Land
| Acreage | No |
| Land Amenities | Public Transit, Airport, Recreation, Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.33 |
| Size Total | 0.33 Ac|under 1 Acre |
| Size Total Text | 0.33 Ac|under 1 Acre |
| Zoning Type | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 15'0'' x 10'0'' | ||
| Main Level | Primary Bedroom | 13'7'' x 12'8'' | ||
| Main Level | Bedroom | 10'4'' x 10'3'' | ||
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Bedroom | 10'0'' x 6'6'' | ||
| Main Level | Bedroom | 13'0'' x 10'3'' | ||
| Main Level | Living Room | 16'0'' x 14'0'' | ||
| Main Level | Dining Room | 14'0'' x 9'0'' |
https://www.realtor.ca/real-estate/27493829/285-waterford-avenue-penticton-main-north
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October 02 2024 07:20:16
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty