Penticton, BC V2A6V5,285 Waterford Avenue
Penticton, BC V2A6V5,285 Waterford Avenue
Penticton, BC V2A6V5,285 Waterford Avenue
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$695,000
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4 BD
1 BA
1,591 SqFt
Active

285 Waterford Avenue Penticton, BC V2A6V5

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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

Originating Board Association of Interior REALTORS®

Year Built 1956

Lot Size 0.330 Acres

Acres 14374.8

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

Rooms

Extra Room 1 Main level 15'0'' x 10'0'' Kitchen

Extra Room 2 Main level 13'7'' x 12'8'' Primary Bedroom

Extra Room 3 Main level 10'4'' x 10'3'' Bedroom

Extra Room 4 Main level Measurements not available Full bathroom

Extra Room 5 Main level 10'0'' x 6'6'' Bedroom

Extra Room 6 Main level 13'0'' x 10'3'' Bedroom

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Exterior

Garage No

Waterfront No

View Y/N No

Roof Type Unknown

Private Pool No

Building

Lot Description Level

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold


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285 Waterford Avenue