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457 Ellis Street | $825,000
Amar Kahlon* Agent Photo
Amar
Kahlon*
C. (250) 809-0968
 P. (250) 492-2266
 Phone Amar www.teamkahlongroup.com
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

%
Years (35 year max)
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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About

Amar Kahlon is an award-winning real estate professional and has vast knowledge in the real estate field. Living in Penticton for well over two decades with his family. He and his wife Supreet raised two children, Ikjot and Udai in Penticton. Ikjot and Udai are now partners with Amar in Team Kahlon.

Amar is known for providing exceptional real estate service, starting with a great foundation, versatility, and innovations. He brings a diverse and unique experience in sales, marketing, and development. Amar has a proven track record for building trust in his tenacity, work ethic, professionalism, and ability to deliver exceptional results for his clients. He is client-focused and results-driven. His sophisticated negotiation skill set him apart in his ability to advocate for his clients. He has extensive experience in development, rezoning, land assemblies, and successfully helping his clients to complete developments. He is a savvy, strategic and trusting partner and feels privileged to be able to help his clients reach their goals and dreams.

Amar loves travelling, biking, hiking and cooking different cuisines and socializing with his friends and families.

Amar would be honored to work with you to reach your real estate goals.

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