Radcliffe
P. (833) 817-6506
Phone Tricia Tricia@TheWoodTeam.ca http://TheWoodTeam.ca
645 Main Street
Penticton, BC
Canada V2A 5C9
Details
Address | 285 Waterford Avenue |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $695,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1591 Square Feet |
Lot Size | 0.33 Acres |
Waterfront | No |
Year Built | 1956 |
Taxes | $3,112 |
Tax Year | 2024 |
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
About
Tricia is an advocate of active living and keeping it local. Ride, ski, hike, boat, eat, breathe, sip wine, enjoy our surroundings, that is her encouragement. She loves to share what's happening in her community with friends and family, and invite others to join in and experience what the Okanagan has to offer.
With a background in the service industry, Tricia believes that positive impact happens with a service attitude and is the number one value in how she runs her business. Likewise, skillful practice is paramount to maintaining excellent support, therefore, lifelong learning and new experiences are a constant in her career.
Tricia’s priorities in selling real estate are dependent on who she is serving, because what’s right for you may not align with someone else. Your priorities are her priorities, and you can have faith that she will look after your best interest. Selling, buying, both or neither, her commitment to serving you will not change, ensuring your transaction is a positive experience.