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285 Waterford Avenue | $695,000
Rhonda van der Veer Agent Photo
Rhonda
van der Veer
C. (250) 460-2932
 P. (778) 622-3446
 Phone Rhonda
ENGEL & VOLKERS SOUTH OKANAGAN
467 Main Street
 Penticton, BC
 Canada V2A 5C4

Details

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Years



Address 285 Waterford Avenue
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$695,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms1
Half Baths0
Floor Space1591 Square Feet
Lot Size0.33 Acres
WaterfrontNo
Year Built1956
Taxes $3,112
Tax Year2024
MLS® #10325345

This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential.

Listed by RE/MAX PENTICTON REALTY

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

With a desire to help people achieve their goals, Real Estate became a perfect accompaniment to my other profession as a certified personal trainer, group exercise leader, nutrition and wellness specialist.  

I bring outstanding enthusiasm and energy to all of our client’s experiences.  My willingness to jump in and help serves our clients and our team.  Win win!

When I'm not helping with Real Estate or fitness, I can be found with my husband, Chris, outside biking and walking the trails, listening to the birds and the trees.  If I were to sum up my philosophy on customer service, it would be in a quote from Samuel Johnson: “Clear your mind of can’t.”  Positivity and enthusiasm are the keys.

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