Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 2691 Abbott Street |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $1,850,000 |
Sold | September 2024 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 1528 Square Feet |
Lot Size | 0.17 Acres |
Waterfront | No |
Year Built | 1949 |
Taxes | $5,333 |
Tax Year | 2024 |
MLS® # | 10323288 |
Location, Location, Location - Prime Development Potential. This property is a gem with UC5 Zoning, allowing for a variety of lucrative development options. The zoning permits the construction of up to 4 storeys, including the potential for a rooftop patio, making it an ideal investment for residential with a FAR of 1.6 which translates to over 12,000 sq.ft of building envelope. Key Features: Prime Location: Just minutes from the beach, shopping centers, and a variety of dining options. Healthcare Access: Conveniently located near the hospital for peace of mind. Active Lifestyle: Enjoy easy access to bike lanes and an easy walking neighborhood, perfect for staying active and exploring the local area. Tennis Courts and Kinsmen Park for family picnics is steps away. Retail & Commercial: Close proximity to retail and commercial hubs for all your shopping and service needs. Whether you are looking to develop the property for your own Lifestyle change or investment this property is worth a look.
Listed by ROYAL LEPAGE 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.