Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
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
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.