285 Waterford Avenue Active Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A6V5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $436
Subdivision Main North
MLS Listing ID 10325345
Bedrooms 4
Year Built 1956
Lot Size 0.330 Acres
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Forced air,See remarks
Cooling Central air conditioning
Exterior
Garage No
Waterfront No
View Y/N No
Roof Type Unknown
Building
Lot Description Level
Story 1
Sewer Municipal sewage system