$775,000
About this House
730 Eckhardt Avenue presents an excellent opportunity for a multi-family development project in a highly sought-after, unique location beside Penticton Creek and city-owned greenspace. The property is ideally situated within a short walking distance from downtown Penticton. The lot size is just over a quarter-acre, and it aligns with the Penticton Official Community Plan, currently supporting up to 4 sizable units. With an Official Community Plan Amendment, which has been supported on other recent projects, the potential expands to accommodate higher density. The upcoming government legislation, effective in June, will streamline infill development processes, offering a significant advantage in time and costs. Included on the property is a tidy 1450 sq ft rancher home currently under lease, along with a detached shop. This offering is focused on its development potential, and viewings of the home are available on weekends only, requiring a 48-hour notice. (id:14735)
Listed by RE/MAX Penticton Realty.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Norm Davies for your convenience.
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Features
- MLS®: 10310354
- Type: House
- Bedrooms: 2
- Bathrooms: 1
- Square Feet: 1,450 sqft
- Full Baths: 1
- Half Baths: 0
- Parking: 2 (, Other, RV)
- Fireplaces: Gas
- Storeys: 1 storeys
- Year Built: 1960