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Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0.26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway. Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes. This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations. Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale. (id:45055)
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Property Details
MLS® Number 10373777 Property Type Single Family Neigbourhood Main North AmenitiesNearBy Golf Nearby, Airport, Recreation, Shopping Features Level Lot ParkingSpaceTotal 4 ViewType City View, Mountain View -
Building
BathroomTotal 1 BedroomsTotal 3 Appliances Refrigerator, Dryer, Range - Electric, Microwave, Washer ArchitecturalStyle Bungalow BasementType Crawl Space ConstructedDate 1965 ConstructionStyleAttachment Detached CoolingType Wall Unit ExteriorFinish Vinyl Siding FlooringType Carpeted HeatingFuel Electric HeatingType Baseboard Heaters RoofMaterial Asphalt Shingle RoofStyle Unknown StoriesTotal 1 SizeInterior 1,425 Ft2 Type House UtilityWater Municipal Water Additional Parking Detached Garage 1 Other -
Land
Acreage No FenceType Chain Link LandAmenities Golf Nearby, Airport, Recreation, Shopping LandscapeFeatures Level, Underground Sprinkler Sewer Municipal Sewage System SizeIrregular 0.26 SizeTotal 0.26 Ac|under 1 Acre SizeTotalText 0.26 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Main Level Foyer 16' x 5'5'' Main Level Laundry Room 8'5'' x 8' Main Level Bedroom 16' x 7' Main Level Living Room 22'5'' x 15'5'' Main Level Kitchen 11' x 10' Main Level Dining Room 12' x 11' Main Level Primary Bedroom 15'5'' x 9'5'' Main Level Bedroom 12' x 7'5'' Main Level 4pc Bathroom 7' x 5'5'' -
Utilities
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January 24 2026 05:48:45
Association of Interior REALTORS®
RE/MAX Penticton Realty
