Antrobus
129 Nanaimo Avenue W
Penticton, BC
Canada V2A 1N2
Details
Address | 4309 22 Street |
Area | North Okanagan |
Sub Area | HW - Harwood |
State/Province | British Columbia |
Country | Canada |
Price | $750,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 1697 Square Feet |
Lot Size | 0.17 Acres |
Waterfront | No |
Year Built | 1955 |
Taxes | $2,718 |
Tax Year | 2023 |
MLS® # | 10308397 |
Attention developers and builders! Here's your chance to capitalize on an exceptional opportunity with this 7200 square foot lot boasting MUS zoning. Nestled in a sought-after neighborhood, this property presents a lucrative investment prospect with immense potential for redevelopment. Zoning allows for the construction of 4 units, providing a solid foundation for development opportunities. Stay ahead of the curve with the possibility of more units when the new BC Govt regulations come into full effect, maximizing the return on your investment. This properties prime location offers easy access and walking distance to amenities, transportation & schools, making it an attractive choice for prospective homeowners or tenants. The existing 1955 home, in need of updating, offers a solid base with 5 bedrooms and 2 bathrooms. While the value lies primarily in the land for redevelopment, the current home presents a potential revenue stream during the planning and permitting stages. Enhancing the property is a detached garage with a workshop area or as a garden shed. Enjoy the charm of raised gardens in the backyard, providing a tranquil retreat or potential green space for future residents. Unlock the full potential of this property and capitalize on the burgeoning demand for housing in this desirable area. Whether you're looking to build multi-family units, explore alternative development options or update the existing home, this is a rare opportunity not to be missed, as is where is
Listed by RE/MAX VERNON SALT FOWLER
Location
About
Live.
Work. Play. The South Okanagan is a dream in itself; many fantastic areas to
choose from; four distinct seasons; a great variety of indoor or outdoor
activities and lots of choice for shopping. The pursuit of investing in Real
Estate can be the most exciting and rewarding experience you will encounter. However,
finding a suitable property for your families wants and needs at a price you
can afford is sometimes a bit of a challenge. You need a Real Estate
representative who understands your desires, has a good eye for easy changes
that can be made to a property to fit your needs and to help you make the best
choice for your family. I am that Realtor®. I demonstrate a profound dedication
to all clients whether you are purchasing a dream home or selling a property to
move on to bigger and better dreams. With mutual honesty, loyalty and
accountability, I will answer your questions and follow your instructions
attentively.
If you are looking for a Real Estate
representative who knows the Okanagan Valley, has over 20 years of experience
working with sellers and buyers, will listen to your ideas, be aggressive in
her marketing and advertising, and give you all the attention you deserve, call
or text me at 250-488-0804, you won’t be disappointed!