285 Waterford Avenue, Penticton
- Bedrooms: 4
- Bathrooms: 1
- Living area: 1591 square feet
- Type: Residential
- Added: 82 days ago
- Updated: 67 days ago
- Last Checked: 23 hours ago
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:1945)
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Property Details
- Roof: Asphalt shingle, Unknown
- Cooling: Central air conditioning
- Heating: Forced air, See remarks
- Stories: 1
- Year Built: 1956
- Structure Type: House
- Exterior Features: Wood siding
Interior Features
- Living Area: 1591
- Bedrooms Total: 4
Exterior & Lot Features
- Lot Features: Level lot
- Water Source: Municipal water
- Lot Size Units: acres
- Parking Features: Other, RV, See Remarks
- Lot Size Dimensions: 0.33
Location & Community
- Common Interest: Freehold
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Zoning: Commercial
- Parcel Number: 009-630-210
- Tax Annual Amount: 3112.99
Room Dimensions
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