Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
Details
Address | 1115 Cactus Road |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $1,388,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 2448 Square Feet |
Lot Size | 0.46 Acres |
Waterfront | No |
Year Built | 1968 |
Taxes | $5,147 |
Tax Year | 2024 |
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
About
Representing Penticton and the South Okanagan homeowners and future
homeowners/investors, Jenny is committed to listening to her client’s needs and
using her negotiating skills to ensure a successful transaction.
Raised in Penticton, Jenny understands the numerous benefits of life in the
South Okanagan, with its four seasons to fully enjoy, she can attest that raising
her three daughters with her husband, is a wonderful place to raise a family.
Jenny has been doing property management for 34 years in the South
Okanagan and began her real estate career in 2007. Continuing to do both is
rewarding in assisting clients find their temporary or forever home. Jenny
specializes in residential and investment properties which go hand in hand with
her expertise in property management.