285 Waterford Avenue, Penticton, British Columbia V2A6V5
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$436/sqft
Est. Mortgage$2,985/mo
Tax Amount ()-
Days On Market51 days
Description
This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential. (id:39198)
Property Details
Interior
Features
Main level Floor
Kitchen
15'0'' x 10'0''Primary Bedroom
13'7'' x 12'8''Bedroom
10'4'' x 10'3''Full bathroom
Exterior
Features
Property History
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