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737 Ontario Street Penticton, British Columbia V2A 4S4

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4 Bedroom 2 Bathroom 700 sqft
Baseboard Heaters

$1,399,999

INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:52811)

Property Details

MLS® Number 10400051
Property Type Single Family
Neigbourhood Main North

Building

Bathroom Total 2
Bedrooms Total 4
Constructed Date 1969
Construction Style Attachment Semi-detached
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 700 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Additional Parking

Land

Acreage No
Sewer Municipal Sewage System
Size Total Text Under 1 Acre

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 9'4'' x 7'
Second Level Bedroom 10'9'' x 9'6''
Second Level Primary Bedroom 12' x 11'
Second Level Dining Room 9'6'' x 9'
Second Level Living Room 17'4'' x 12'
Second Level Kitchen 9'6'' x 9'
Main Level 4pc Bathroom 9'4'' x 7'
Main Level Bedroom 10'9'' x 9'6''
Main Level Primary Bedroom 12' x 11'
Main Level Dining Room 9'6'' x 9'
Main Level Living Room 17'4'' x 12'
Main Level Kitchen 9'6'' x 9'

https://www.realtor.ca/real-estate/30259660/737-ontario-street-penticton-main-north