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1115 Cactus Road | $1,388,000
Amar Kahlon* Agent Photo
Amar
Kahlon*
C. (250) 809-0968
 P. (250) 492-2266
 Phone Amar www.teamkahlongroup.com
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

%
Years (35 year max)
Years



Address 1115 Cactus Road
AreaCentral Okanagan
Sub AreaRS - Rutland South
State/ProvinceBritish Columbia
CountryCanada
Price$1,388,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms2
Half Baths0
Floor Space2448 Square Feet
Lot Size0.46 Acres
WaterfrontNo
Year Built1968
Taxes $5,147
Tax Year2024
MLS® #10326330

This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area!

Listed by ENGEL & VOLKERS OKANAGAN

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

Amar Kahlon is an award-winning real estate professional and has vast knowledge in the real estate field. Living in Penticton for well over two decades with his family. He and his wife Supreet raised two children, Ikjot and Udai in Penticton. Ikjot and Udai are now partners with Amar in Team Kahlon.

Amar is known for providing exceptional real estate service, starting with a great foundation, versatility, and innovations. He brings a diverse and unique experience in sales, marketing, and development. Amar has a proven track record for building trust in his tenacity, work ethic, professionalism, and ability to deliver exceptional results for his clients. He is client-focused and results-driven. His sophisticated negotiation skill set him apart in his ability to advocate for his clients. He has extensive experience in development, rezoning, land assemblies, and successfully helping his clients to complete developments. He is a savvy, strategic and trusting partner and feels privileged to be able to help his clients reach their goals and dreams.

Amar loves travelling, biking, hiking and cooking different cuisines and socializing with his friends and families.

Amar would be honored to work with you to reach your real estate goals.

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