Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 781 Sutherland Avenue Avenue |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $1,200,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 2 |
Half Baths | 1 |
Floor Space | 2215 Square Feet |
Lot Size | 0.18 Acres |
Waterfront | No |
Year Built | 1954 |
Taxes | $3,944 |
Tax Year | 2023 |
MLS® # | 10325727 |
This charming 2000 sqft home on a 56x138 lot with lane access offers a prime redevelopment opportunity. Rezoning options allow for multi-family units, such as 4-6 plexes, front-back duplexes, or keeping the main house with a carriage house. The lower level's potential for separate entrances adds versatility for rental income or extended family living. The home retains its original character with hardwood floors, sculpted molding, and plaster ceilings. The main level features 3 bedrooms, a full bathroom, spacious living and dining areas, and an updated kitchen with white cabinetry, new appliances, and ample counter space. A covered back deck enhances outdoor enjoyment. The lower level includes 2 additional bedrooms, a full bathroom, a rec room, and an office. Fully fenced with a sliding gate for parking off the laneway, it even has a white picket fence. This property is a fantastic investment as the area is transitioning to multi-family developments. When combined with the next-door home, developers can create up to 10 townhouse units, maximizing the investment potential.
Listed by WOODHOUSE REALTY
Location
About
Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.
After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.
Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.
Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.