737 Ontario Street

700 sqft

4
Beds

2
Baths

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:67517)

• Property Details

  MLS® Number	10400051
  Property Type	Single Family
  Neigbourhood	Main North

• Building

  BathroomTotal	2
  BedroomsTotal	4
  ConstructedDate	1969
  ConstructionStyleAttachment	Semi-detached
  HeatingFuel	Electric
  HeatingType	Baseboard Heaters
  StoriesTotal	2
  SizeInterior	700 Sqft
  Type	Duplex
  UtilityWater	Municipal Water

  Additional Parking

• Land

  Acreage	No
  Sewer	Municipal Sewage System
  SizeTotalText	Under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	4pc Bathroom			9'4'' x 7'
  Second Level	Bedroom			10'9'' x 9'6''
  Second Level	Primary Bedroom			12' x 11'
  Second Level	Dining Room			9'6'' x 9'
  Second Level	Living Room			17'4'' x 12'
  Second Level	Kitchen			9'6'' x 9'
  Main Level	4pc Bathroom			9'4'' x 7'
  Main Level	Bedroom			10'9'' x 9'6''
  Main Level	Primary Bedroom			12' x 11'
  Main Level	Dining Room			9'6'' x 9'
  Main Level	Living Room			17'4'' x 12'
  Main Level	Kitchen			9'6'' x 9'

• Utilities