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457 Ellis Street | $825,000
Lori J. Lancaster *PREC Agent Photo
Lori J.
Lancaster *PREC*
C. (250) 488-9554
 P. (250) 490-6302
 Phone Lori J. lorilancaster.com
PARKER REAL ESTATE
13242 Victoria Road N
 Summerland, BC
 Canada V0H 1Z0

Details

%
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Years



Address 457 Ellis Street
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$825,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms2
Half Baths0
Floor Space2670 Square Feet
Lot Size0.07 Acres
WaterfrontNo
Year Built1915
Taxes $5,242
Tax Year2024
MLS® #10324673

Welcome to a remarkable property situated in Penticton's mixed residential infill housing area. 457 Ellis is move-in ready, making it an ideal choice for both homeowners and investors alike for a holding property. This lot is zoned C5, allowing for 100% lot coverage and no setbacks, providing unparalleled flexibility for development. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers looking to capitalize on the growing demand for residential and commercial spaces in this vibrant area. Nestled in the flat central part of Penticton, this property boasts a highly walkable environment. It is conveniently located near the local high school, a variety of local shops and restaurants, all surrounded by thriving businesses that contribute to the neighbourhood's ongoing gentrification. This property represents a unique opportunity to invest in one of Penticton's most sought-after areas. With its prime location, flexible zoning, and proximity to key amenities, it is perfectly positioned for future development. Don’t miss your chance to be part of the exciting growth in downtown Penticton, contact us today for more information!

Listed by ROYAL LEPAGE LOCATIONS WEST

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