Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
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
Representing Penticton and the South Okanagan homeowners and future
homeowners/investors, Jenny is committed to listening to her client’s needs and
using her negotiating skills to ensure a successful transaction.
Raised in Penticton, Jenny understands the numerous benefits of life in the
South Okanagan, with its four seasons to fully enjoy, she can attest that raising
her three daughters with her husband, is a wonderful place to raise a family.
Jenny has been doing property management for 34 years in the South
Okanagan and began her real estate career in 2007. Continuing to do both is
rewarding in assisting clients find their temporary or forever home. Jenny
specializes in residential and investment properties which go hand in hand with
her expertise in property management.