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285 Waterford Avenue | $695,000
Ernie Sheridan Prec* Agent Photo
Ernie
Sheridan Prec*
C. (250) 488-1688
 P. (250) 492-2266
 Phone Ernie www.liveintheok.com
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

%
Years (35 year max)
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

Location

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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

Ernie was born in the South Okanagan and has resided here his entire life.  When asked about what he loves about the area he replied "I love its natural beauty. I think it’s one of the most beautiful places in Canada, if not the world. The diversity is so great. Here we are in the desert, the only desert in Canada and yet we have high alpine skiing close by. The mountains to the east are beautiful, as are the valleys that surround us. I love it all. The Okanagan sells itself because of its natural beauty."

He has 35 years of business experience and is a demonstrated negotiator both as a business owner and Realtor. Ernie is both responsible and personable, whether working with you to sell your home or looking for that special property, Ernie will always get you the best possible deal.

Ernie is a UBC Sauder School of Business Alumni as well as Okanagan College Penticton Campus.

He is an award-winning Realtor and consistently delivers superior service. He has strong Real Estate marketing and negotiating skills, professionalism and attention to detail. Ernie understands how important a Real Estate transaction is to his clients and ensures their needs are met and the best outcome possible is achieved.

Ernie believes one of the most important aspects of success is paying it forward. A donation is made from every sale to the Children’s Miracle Network.

Helping clients fall in love with the Okanagan, brings Ernie great satisfaction. If you have any Real Estate questions, please do not hesitate to call or email him anytime.  
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"trading services" means any of the following services provided to or on behalf of a party to a trade in real estate:

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