Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
Details
Address | 1025 & 1033/1035 Laurier Avenue |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $1,995,000 |
Property Type | Single Family - Detached |
Bedrooms | 2 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 4008 Square Feet |
Lot Size | 0.38 Acres |
Waterfront | No |
Year Built | 1944 |
Taxes | $10,025 |
Tax Year | 2024 |
MLS® # | 10327282 |
Ideal central location for this development opportunity! This two lot land assembly, currently with two homes (a 1944 built single family home and a 1991 built full duplex), has the potential you are looking for with 125 feet of frontage on Laurier avenue comprised of two titles yielding 16,590 sq ft (0.38 acres of land) approximately. Current zoning is MF1 with future zoning in the 2040 official community plan of core neighbourhood future land use C-NHD Urban Core potentially for medium density apartment housing. The two homes on site currently have long term tenants which would support revenue to the buyer while moving forward. Buyers should perform their own due diligence to confirm intended potential development. Please note: Property taxes and lot size shown are for both parcels combined. Finished floor area is both homes combined.
Listed by ROYAL LEPAGE KELOWNA
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.