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285 Waterford Avenue | $695,000
Lyndi Cruickshank* Agent Photo
Lyndi Cruickshank*
Lyndi Cruickshank*
C. (250) 809-1260
 P. (778) 622-3446
 Phone Lyndi lyndi.cruickshank@evrealestate.com lyndicruickshank.evrealestate.com
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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About

Lyndi Cruickshank

Managing Broker, License Partner

Personal Real Estate Corporation


With a background in Marketing and Contract Negotiations, it is an honour to use my skills and passion for Real Estate as I continue into my 15th year as a REALTOR® and as a Managing Broker of Engel & Volkers South Okanagan. As a top, award winning Realtor, I have a reputation for providing superior results. Trained and Certified as a Master Certified Negotiation Expert, I am Committed to the success of every client I work with.

Currently I serve my profession in Real Estate as Vice President of the Association of Interior Realtors. While President of the South Okanagan Real Estate Board, in 2020, I was a part of the exciting work done to see two Interior Real Estate Boards merge, creating a more efficient and client focused experience for people wishing to purchase and sell property within the greater Okanagan region. My work with the South Okanagan Real Estate Board also included; Chair of the Membership Services and Education Committees and Co-Chair of the Professional Standards Committee. Having also served as an Alternate Director for the Regional District Okanagan Similkameen for 10 years and Chair of the Area F Park Commission for over 7 years, I believe strongly in giving back to my community.

Raised in the Okanagan, it was my dream as an adult to return to our beautiful valley. Having called Penticton home now for over 17 years, not a day goes by that I don’t appreciate all that our community has to offer. With 2 wonderful kids, Garrett and Madi and my husband John, we can often be found enjoying a weekend on the water in the summer and most often spend time during the winter enjoying all that Apex Mountain Resort has to offer.

My most important role in Real Estate is to help my clients make their property purchase or sale a positive and successful experience. I am excited to help get your home sold!

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