Fox*
302 Eckhardt Avenue West
Penticton, BC
Canada V2A 2A9
Details
Address | 457 Ellis Street |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $825,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 2670 Square Feet |
Lot Size | 0.07 Acres |
Waterfront | No |
Year Built | 1915 |
Taxes | $5,242 |
Tax Year | 2024 |
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
Location
About
Fox & Fox is a family team of Licenced Realtors working and living in the beautiful South Okanagan. Started by Len Fox in 1982, the team has expanded with the family over the years to include Philip Fox licenced since 2002, Diane Fox since 2006, and Stephen Fox since 2016. Len has since retired his licence but is an active consulting team member. Born and raised in Penticton we are all now raising our own families here and working to help our clients do the same. We specialise in new construction sales (condos, townhouses & single family homes) vineyards & wineries, commercial leases and sales & residential sales of every kind. If you are looking to buy/sell/lease in the South Okanagan let us put our local expertise to work for you.