303 Nanaimo Avenue W | $699,000
Graeme Veitch Agent Photo
Graeme
Veitch
P. (250) 494-0505
Phone Graeme
ROYAL LEPAGE PARKSIDE RLTY SML
Box 930, 9925 Main Street
Summerland, BC
Canada V0H 1Z0

Details

%
Years (35 year max)
Years



Address 303 Nanaimo Avenue W
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$699,000
Property TypeResidential Lot
Lot Size0.16 Acres
WaterfrontNo
Taxes $3,176
Tax Year2023
MLS® #10316140

Opportunity knocking in downtown Penticton! RM3 zoning. Bare land corner lot, house has been removed, building site ready to go. Corner lot is approx 55 feet frontage on Nanaimo Avenue plus 125 feet frontage on Brunswick Street, with lane access off Brunswick. Pancake flat lot on two quiet, no through roads, just a short walk to Lake Okanagan, Farmers Market, all of downtown, several brew pubs, and walkable to South Okanagan Events Centre. Hospital is only a 5 minute drive away. All services and utilities are available at this downtown location. Development Variance Permit is in place, with side yard relaxations, valid until August 2024. Plans included for 4 three level townhomes with rooftop decks. It may be possible to add some lower suites if city relaxes further, the issue would mostly be parking. The city and the province want densification on new builds, our new reality in a housing crunch. This is a primo site in the heart of the action. Package available.


Listed by ROYAL LEPAGE LOCATIONS WEST


Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)