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285 Waterford Avenue Penticton, British Columbia V2A 6V5

4 Bedroom 1 Bathroom 1591 sqft
Central Air Conditioning Forced Air, See Remarks Level

$695,000

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:33225)

Property Details

MLS® Number 10317688
Property Type Single Family
Neigbourhood Main North
Amenities Near By Public Transit, Airport, Recreation, Schools, Shopping
Features Level Lot

Building

Bathroom Total 1
Bedrooms Total 4
Constructed Date 1956
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Wood Siding
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 1591 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Other
R V

Land

Acreage No
Land Amenities Public Transit, Airport, Recreation, Schools, Shopping
Landscape Features Level
Sewer Municipal Sewage System
Size Irregular 0.33
Size Total 0.33 Ac|under 1 Acre
Size Total Text 0.33 Ac|under 1 Acre
Zoning Type Commercial

Rooms

Level Type Dimensions
Main Level Kitchen 15'0'' x 10'0''
Main Level Primary Bedroom 13'7'' x 12'8''
Main Level Bedroom 10'4'' x 10'3''
Main Level Full Bathroom Measurements not available
Main Level Bedroom 10'0'' x 6'6''
Main Level Bedroom 13'0'' x 10'3''
Main Level Living Room 16'0'' x 14'0''
Main Level Dining Room 14'0'' x 9'0''

https://www.realtor.ca/real-estate/27093071/285-waterford-avenue-penticton-main-north

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John Green
Personal Real Estate Corporation

(250) 486-5353
www.teamgreen.ca/

RE/MAX Penticton Realty
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9

(250) 492-2266
(250) 492-3005

Natasha Badger
Personal Real Estate Corporation

(250) 462-8733
www.teamgreen.ca/
https://www.facebook.com/profile.php?id=100083051866591

RE/MAX Penticton Realty
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9

(250) 492-2266
(250) 492-3005

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250 307 1124 | heatherangel@royallepage.ca

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