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86 Veterans Way | $1,400,000
Jerri Van Prec* Agent Photo
Jerri
Van Prec*
C. (250) 319-7008
 P. (250) 374-1461
 Phone Jerri www.jerrivan.com
ROYAL LEPAGE WESTWIN REALTY
800 Seymour Street
 Kamloops, BC
 Canada V2C 2H5

Details

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Address 86 Veterans Way
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$1,400,000
Property TypeResidential Development
Lot Size0.10 Acres
WaterfrontNo
Taxes $6,552
Tax Year2023
MLS® #10330729

Prime Re-Development Opportunity in Downtown Penticton . Welcome to 86 Veterans Drive, a rare gem in the heart of Penticton offering immense potential for builders, developers, and visionary investors. With recent rezoning to High-Density Residential (up to 12 storeys), this lot is a blank canvas that could redefine downtown living. Take advantage of the approved DP plans, which provide a strong foundation for your project, while maintaining the flexibility to modify the plans with city council approvals to align with your vision and the new zoning potential. Situated just steps away from the lake, beach, and vibrant downtown amenities, this property combines location, zoning flexibility, and unparalleled potential. Approved DP Plans Available: Utilize the existing plans for a mixed-use development featuring 995 sq. ft. of commercial space on the ground floor and 10 residential units (6 two-bedroom and 4 penthouses). Future Vision: Reimagine the project under the new zoning guidelines. Whether it's high-rise condominiums, luxury apartments, or a blend of residential and commercial use, the possibilities are vast with city council-approved modifications. Unique Features: Existing plans include a 3113 sq. ft. rooftop deck, offering stunning potential for community spaces, private events, or outdoor amenities. Unbeatable Investment Opportunity: Downtown Penticton is experiencing growth and redevelopment, making this property an ideal long-term or short-term investment.

Listed by ROYAL LEPAGE KELOWNA

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About

Jerri has been a Realtor® in Kamloops for the past 13 years granting her extensive knowledge of the Kamloops market. In 2014-2020 she was awarded the Diamond Award, in 2016 she was awarded the Lifetime Award of Excellent, and in 2017 she was awarded the Red Diamond Award from Royal LePage as one of the top real estate sales representatives in Canada.

Jerri currently works on award winning developments throughout the city of Kamloops and has been an integral part of the design and marketing of these developments. She is very educated on multi family sites, has a good understanding of Geo Thermal buildings, and Built Green construction. With her background in design she is able to help with staging homes and helping her clients see the potential in existing homes.

Jerri is well-known in the community with being an active member of the Canadian Home Builders Association – Central Interior, volunteering her time with the Y Dream Home. She has also been on the board of Project X Theatre: Theatre Under the Trees for the past 4 years. She continues to look for opportunities and help out within the community whenever possible.

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