+23 more
3
Bedrooms
1
Bathrooms
1,425 sqft
Living Area
0.26 ac
Lot
1965
Year Built
About This Property
This 3-bedroom, 1-bathroom single family in Penticton offers 1,425 sqft of living area on a 0.26 ac lot. Built in 1965, 1 storey. The property has lot dimensions of 0.26. The home features carpeted flooring, baseboard heaters, electric heating, wall unit, a crawl space basement. Highlights include a 4-car garage.
MLS Remarks
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:60351)
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