About this House

Prime Development Opportunity with a 2600+ sq/ft lot includes Two PIDs. This affordable single-family home sits on a unique wedge-shaped lot offering rare flexibility for redevelopment in one of Penticton’s most accessible locations. Just steps to elementary and high schools, sports fields, and the hospital—and within walking distance to the premium downtown amenities—this property is perfectly positioned now and for future housing projects. While you finalize plans and approvals, the existing home’s recent functional updates make it a ready-to-rent holding property, generating dependable income to offset carrying costs. Whether you choose to continue to renovate, expand, or take advantage of the lot’s shape and dual titles for a multi-unit build (with municipal approval), this is a high-potential asset. Opportunities with this combination of price, location, and development upside are few and far between! (id:14735)

Listed by Summerland Realty Ltd..