Cowling
484 Main Street
Penticton, BC
Canada V2A 5C5
Details
Address | 4309 22 Street |
Area | North Okanagan |
Sub Area | HW - Harwood |
State/Province | British Columbia |
Country | Canada |
Price | $750,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 1697 Square Feet |
Lot Size | 0.17 Acres |
Waterfront | No |
Year Built | 1955 |
Taxes | $2,718 |
Tax Year | 2023 |
MLS® # | 10308397 |
Attention developers and builders! Here's your chance to capitalize on an exceptional opportunity with this 7200 square foot lot boasting MUS zoning. Nestled in a sought- after neighborhood, this property presents a lucrative investment prospect with immense potential for redevelopment. Zoning allows for the construction of 4 units, providing a solid foundation for development opportunities. Stay ahead of the curve with the possibility of more units when the new BC Govt regulations come into full effect, maximizing the return on your investment. This properties prime location offers easy access and walking distance to amenities, transportation & schools, making it an attractive choice for prospective homeowners or tenants. The existing 1955 home, in need of updating, offers a solid base with 5 bedrooms and 2 bathrooms. While the value lies primarily in the land for redevelopment, the current home presents a potential revenue stream during the planning and permitting stages. Enhancing the property is a detached garage with a workshop area or as a garden shed. Enjoy the charm of raised gardens in the backyard, providing a tranquil retreat or potential green space for future residents. Unlock the full potential of this property and capitalize on the burgeoning demand for housing in this desirable area. Whether you're looking to build multi-family units, explore alternative development options or update the existing home, this is a rare opportunity not to be missed, as is where is.
Listed by RE/MAX VERNON SALT FOWLER
Location
About
Geoff Cowling has been helping clients make good real estate decisions since 1986, selling hundreds of properties in all kinds of market conditions. He has been a landlord, tenant, house and condo owner, vacation homeowner, strata corporation chairman, investor, renovator, general contractor on his family home, and a relocation buyer and seller. This helps him to understand your situation, and then help you to find a solution. This experience, and attention to detail, will help you to avoid costly and time consuming problems, giving you a real edge in a competitive market place.
Geoff is a Diamond Award winner, honouring the top 3% of all Royal LePage REALTORSĀ® in Canada. He also served a five year term at the South Okanagan Real Estate Board, serving as Chair of the Professional Standards Committee, Chair of the Finance Committee, Vice-President, and then as President of the 300+ REALTORĀ® Board.
When not working, Geoff is an avid life-long skier, and also enjoys golf, mountain biking, hiking, and keeping fit. He appreciates time with his wife Lisa, and daughters Melissa and Emily. He is a long time supporter of the Children's Miracle Network, the Royal LePage Shelter Foundation, and volunteered for years in the Soupeteria soup kitchen.
Much of Geoff's business involves repeat clients, and people he has met through a word-of-mouth recommendation. You will always feel well informed, and able to make decisions in a pressure-free environment, that's a promise.
Geoff would enjoy the opportunity to help you, when you feel the time is right!