737 Ontario Street, Penticton, British Columbia V2A 4S4
$1,399,999
- 4 bedrooms
- 2 bathrooms
- 700 Square Feet
INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate ... read more
INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:39198)
- Listing ID: 10400051
- Property Type: Single Family
- Year Built: 1969
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1 Acre |
| Parking: | Additional Parking |
| Building | |
|---|---|
| Type: | Single Family Duplex |
| HVAC: | Baseboard Heaters and Fireplace Electric |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Penticton |
| Province: | British Columbia |
| Rooms | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | 9'4'' x 7' |
| Bedroom | Second level | 10'9'' x 9'6'' |
| Primary Bedroom | Second level | 12' x 11' |
| Dining room | Second level | 9'6'' x 9' |
| Living room | Second level | 17'4'' x 12' |
| Kitchen | Second level | 9'6'' x 9' |
| 4pc Bathroom | Main level | 9'4'' x 7' |
| Bedroom | Main level | 10'9'' x 9'6'' |
| Primary Bedroom | Main level | 12' x 11' |
| Dining room | Main level | 9'6'' x 9' |
| Living room | Main level | 17'4'' x 12' |
| Kitchen | Main level | 9'6'' x 9' |
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