See all 6 photos
$1,399,999
Est. payment /mo
4 Beds
2 Baths
700 SqFt
New
737 Ontario Street Penticton, BC V2A4S4
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Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700
Square Footage 700 sqft
Price per Sqft $1,999
Subdivision Main North
MLS® Listing ID 10400051
Bedrooms 4
Year Built 1969
Property Sub-Type Freehold
Property Description
INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:24570)
Location
Province BC
Rooms
Kitchen 2.0
Extra Room 1 Second level 9'4'' x 7' 4pc Bathroom
Extra Room 2 Second level 10'9'' x 9'6'' Bedroom
Extra Room 3 Second level 12' x 11' Primary Bedroom
Extra Room 4 Second level 9'6'' x 9' Dining room
Extra Room 5 Second level 17'4'' x 12' Living room
Extra Room 6 Second level 9'6'' x 9' Kitchen
Interior
Heating Baseboard heaters,
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Garage Yes
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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