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334/342/350 Rigsby Street Penticton, British Columbia V2A 5S7

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2 Bedroom 2 Bathroom 837 sqft
Bungalow Forced Air

$1,399,000

Exceptional development opportunity at 334 Rigsby Street, ideally situated near downtown Penticton in a rapidly evolving neighbourhood. This expansive RM2-zoned property measures over 15,000 sq. ft.—approximately 96 feet wide by 157 feet deep—and offers convenient rear-lane access. RM2 zoning supports low-density multi-family development, including apartments, townhomes and cluster housing up to three storeys, subject to City approvals. With only one existing home to remove, the property presents a strong foundation for a thoughtfully designed residential project. Enjoy a central location close to Okanagan Lake, beaches, downtown shopping and dining, local breweries, schools, parks, transit and recreational facilities. A rare opportunity to secure a substantial development parcel in one of Penticton’s growing neighbourhoods. All measurements are approximate. Buyers should independently confirm zoning, permitted density, serving and development potential with the City of Penticton. (id:52811)

Property Details

MLS® Number 10396030
Property Type Single Family
Neigbourhood Main North

Building

Bathroom Total 2
Bedrooms Total 2
Architectural Style Bungalow
Constructed Date 1900
Construction Style Attachment Detached
Heating Type Forced Air
Stories Total 1
Size Interior 837 Sqft
Type House
Utility Water Municipal Water

Parking

Street

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.35
Size Total 0.35 Ac|under 1 Acre
Size Total Text 0.35 Ac|under 1 Acre

Rooms

Level Type Dimensions
Main Level Bedroom 10' x 10'
Main Level Full Bathroom Measurements not available
Main Level Full Bathroom Measurements not available
Main Level Primary Bedroom 10' x 10'
Main Level Living Room 10' x 10'
Main Level Kitchen 8' x 10'

https://www.realtor.ca/real-estate/30125401/334342350-rigsby-street-penticton-main-north