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$749,900

Est. payment - /mo

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3 Beds

2 Baths

1,966 SqFt

New

1049 Government Street Penticton, BC V2A4T9

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Audrey Zimmermann

audrey@loveokanagan.com +1(250) 689-9798

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,966 sqft

Price per Sqft $381

Subdivision Main North

MLS® Listing ID 10356548

Style Ranch

Bedrooms 3

Half Baths 1

Year Built 1950

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Capitalize on Penticton's booming real estate market with this exceptional investment property featuring NEW multi-unit zoning and future approval for even higher density development. This rare find offers immediate income potential through the existing 4-bedroom, 2-bathroom home while you develop your long-term vision. The clean, functional holding property can generate rental income during planning phases, while the fully fenced lot with dual access points (front and laneway) maximizes development flexibility. Established fruit trees and mountain views add immediate appeal for future residents. Located minutes from Penticton's pristine beaches, top-rated schools, recreational parks, and vibrant downtown dining and shopping district, this prime location ensures strong rental demand and future resale value. The City-backed rezoning initiative supports multiple structural opportunities on this generous lot, and with Penticton's strategic densification focus, early investors are positioned to maximize returns as the market continues its upward trajectory. The vacant property offers quick possession, allowing immediate implementation of your investment strategy. Don't miss this opportunity to secure your stake in one of BC's most desirable markets. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 1.0

Extra Room 1 Basement 9'0'' x 11'6'' Bedroom

Extra Room 2 Basement 12'0'' x 14'10'' Den

Extra Room 3 Basement 9'0'' x 8'3'' Utility room

Extra Room 4 Basement Measurements not available 2pc Bathroom

Extra Room 5 Basement 22'4'' x 20'8'' Recreation room

Extra Room 6 Main level 9'5'' x 10'0'' Kitchen

Interior

Heating , Forced air

Flooring Carpeted, Linoleum, Wood

Fireplaces Type Free Standing Metal

Exterior

Parking Features No

Fence Fence

View Y/N Yes

View Mountain view

Roof Type Unknown

Private Pool No

Building

Lot Description Landscaped, Level

Story 1

Sewer Municipal sewage system

Architectural Style Ranch

Others

Ownership Freehold

Listed by Chamberlain Property Group

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Audrey Zimmermann

Realtor | X184237

+1(250) 689-9798

SOUTH OKANAGAN HOME SEARCH

1049 Government Street Penticton, BC V2A4T9

Audrey Zimmermann

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1049 Government Street