Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 1047 Stockwell Avenue |
Area | Central Okanagan |
Sub Area | KN - Kelowna North |
State/Province | British Columbia |
Country | Canada |
Price | $1,049,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 1840 Square Feet |
Lot Size | 0.15 Acres |
Waterfront | No |
Year Built | 1948 |
Taxes | $1,074 |
Tax Year | 2023 |
MLS® # | 10313982 |
Investors! This beautifully landscaped 4-bedroom character home with a legal 2-bedroom suite offers a wealth of development opportunities. The inviting home has undergone substantial renovations, making it a prime candidate for investment in a high-demand area. The main house features gorgeous original hardwood floors, an updated kitchen with new stainless steel appliances, updated flooring, a new laundry room, central A/C, and high efficiency forced air heat. Located in a prime downtown area, you can walk to shops, the beach, breweries/restaurants, public transit, grocery stores, and more. The 2 bedroom income suite includes a newer kitchen, a bathroom with a shower/tub and vanity, a separate entrance, and in-suite laundry. Lane access to the detached garage provides ease of parking for potential buildout. This multi-family lot (MF1) allows for a duplex plus secondary suites, or a fourplex accommodating up to four families. The property offers an unbeatable combination of immediate potential rental income and future development opportunities. Act now to secure this exceptional investment opportunity in a thriving downtown neighborhood.
Listed by RE/MAX KELOWNA
Location
About
Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.
After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.
Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.
Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.