Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:45055)
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Property Details
MLS® Number 10361465 Property Type Single Family Neigbourhood Main North AmenitiesNearBy Golf Nearby, Recreation, Schools, Shopping Features Level Lot -
Building
BathroomTotal 1 BedroomsTotal 2 Appliances Range, Refrigerator, Dryer, Washer ArchitecturalStyle Ranch BasementType Partial ConstructedDate 1954 ConstructionStyleAttachment Detached CoolingType See Remarks ExteriorFinish Other HeatingType Other, See Remarks RoofMaterial Asphalt Shingle RoofStyle Unknown StoriesTotal 1 SizeInterior 1,175 Ft2 Type House UtilityWater Municipal Water Carport -
Land
Acreage No LandAmenities Golf Nearby, Recreation, Schools, Shopping LandscapeFeatures Level Sewer Municipal Sewage System SizeFrontage 60 Ft SizeIrregular 0.28 SizeTotal 0.28 Ac|under 1 Acre SizeTotalText 0.28 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Basement Laundry Room 10'0'' x 5'0'' Main Level Primary Bedroom 14'0'' x 10'0'' Main Level Living Room 14'0'' x 12'0'' Main Level Kitchen 16'0'' x 16'0'' Main Level Dining Room 9'0'' x 9'0'' Main Level Bedroom 12'0'' x 10'0'' Main Level 4pc Bathroom Measurements not available -
Utilities
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December 19 2025 06:30:28
Association of Interior REALTORS®
RE/MAX Penticton Realty, Homelife Benchmark Titus Realty
