Green*
302 Eckhardt Avenue West
Penticton, BC
Canada V2A 2A9
Details
Address | 285 Waterford Avenue |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $695,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1591 Square Feet |
Lot Size | 0.33 Acres |
Waterfront | No |
Year Built | 1956 |
Taxes | $3,112 |
Tax Year | 2024 |
MLS® # | 10317688 |
This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential.
Listed by RE/MAX PENTICTON REALTY
Location
About
John Green, Founder of Green Real Estate Group, has been passionately working as an agent for over 15 years under the principle of “not your typical REALTOR®.” The team is one of the most successful in the South Okanagan. John is most proud of the personal attention and care every client receives. The “clients before commissions” philosophy has grown the business faster than he could ever have imagined. His entrepreneurial side has led him to build several multi-family projects, rezone and subdivide properties for himself and clients, and market and sell Penticton’s largest subdivision to date. John and his team’s attention to detail and passion have helped them receive numerous awards for their work in the residential market including the honour of the #1 Commercial Real Estate Team in the South Okanagan for the past 3 years running.
John’s previous adventures working on a commercial fishing boat in Alaska and working in cinematography on Hollywood’s biggest films has prepared him to guide his clients with all their endeavours. Purchasing and selling homes is far more than bricks and mortar, it’s about people and their life goals.
John is married to an incredible and patient woman. Their 2 girls keep him busy and proud. Coaching his girl’s fastball and volleyball has hurt his golf game immensely; however, he said, “It’s worth it!”