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4309 22 Street | $750,000
Mike and Jaclyn Agent Photo
Mike
and Jaclyn
C. (250) 493-2244
 P. (250) 493-2244
 Phone Mike
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

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Years



Address 4309 22 Street
AreaNorth Okanagan
Sub AreaHW - Harwood
State/ProvinceBritish Columbia
CountryCanada
Price$750,000
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms2
Half Baths0
Floor Space1697 Square Feet
Lot Size0.17 Acres
WaterfrontNo
Year Built1955
Taxes $2,718
Tax Year2023
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

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About

About Mike and Jaclyn

Mike and Jaclyn first worked together in marketing the initial phase of the Lakeshore Towers condominium project between 2002 and 2004. They bring a genuine upbeat approach to real estate, coupled with a professional thoroughness and commitment to doing the job right. They know how to negotiate an offer so that the sale happens. And they know how to keep everything on track, who to recommend for inspections, appraisals and the legal documentation. Anybody who has worked with them can tell you that they enjoy what they do, and that comes through in how they do it.


About Mike

Mike has been a realtor in Penticton since 1992, working in both the residential and commercial fields. His background as a newspaper editor and photographer before that have served him well on the marketing side, providing the skills for quality feature packages and internet exposure for listings. He has been involved in every type of real estate sale, from mobile homes to the one of the highest sale prices on Skaha Lake; commercial leases and the sale of buildings in Penticton's downtown core. He is known as an honest straight-forward person, one of three Penticton realtors chosen when realtors in the city were polled by an independent company as to who they would hire if they were no longer selling real estate. Mike grew up in southern Ontario, went to university and worked for several years in the Maritmes before settling in Penticton in 1988, where he raised his family.


About Jaclyn

Jaclyn's experience as a mortgage broker has proven to be a real asset for both buyers and sellers. After receiving her real estate license in 2003 and working first as an assistant then as a full-time realtor, Jaclyn left the industry to have her son Erik in 2006. She came back in 2008 to work in the mortgage industry, latterly as a mortgage broker. But by 2010 she realized that she missed the many facets of real estate, and joined Mike as partner. Her knowledge of the mortgage industry has been a real help to both buyers and sellers. Jaclyn grew up in Kimberley, B.C., and is a graduate of the University of Calgary.


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