$ 695.000

285 Waterford Avenue, Penticton

  • Bedrooms: 4
  • Bathrooms: 1
  • Living area: 1591 square feet
  • Type: Residential
  • Added: 51 days ago
  • Updated: 50 days ago
  • Last Checked: 17 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 DetailsKey information about 285 Waterford Avenue

  • 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 FeaturesDiscover the interior design and amenities

  • Living Area: 1591
  • Bedrooms Total: 4

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 285 Waterford Avenue

  • Lot Features: Level lot
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Features: Other, RV, See Remarks
  • Lot Size Dimensions: 0.33

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 285 Waterford Avenue

  • Zoning: Unknown
  • Parcel Number: 009-630-210
  • Tax Annual Amount: 3112.99
Room Dimensions
Type Level Dimensions
Kitchen Main level 10'0'' x 15'0''
Primary Bedroom Main level 12'8'' x 13'7''
Bedroom Main level 10'3'' x 10'4''
Full bathroom Main level x
Bedroom Main level 6'6'' x 10'0''
Bedroom Main level 10'3'' x 13'0''
Living room Main level 14'0'' x 16'0''
Dining room Main level 9'0'' x 14'0''
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Nearby Listings Stat

Active listings
33
Min Price
$69,000
Max Price
$1,099,000
Avg Price
$339,954
Days on Market
68 days
Sold listings
5
Min Sold Price
$69,900
Max Sold Price
$569,000
Avg Sold Price
$324,180
Days until Sold
209 days

Nearby Places

Name
Type
Address
Distance
Best Western Plus Inn At Penticton
Lodging
3180 Skaha Lake Rd
0.1 km
Iyara Thai Restaurant
Restaurant
2985 Skaha Lake Rd
0.2 km
South Beach Gardens RV Park
Campground
3815 Skaha Lake Rd
0.9 km
Penticton Regional Airport
Initial examination for the airport's construction...
0.9 km
Penticton Regional Airport
Airport
3000 Airport Rd #109
0.9 km
Barley Mill Pub
Bar
2460 Skaha Lake Rd
1.1 km
Lake Skaha Tent & Trailer Park
Rv park
3700 S Main St
1.1 km
Cherry Lane Shopping Centre
There is also a food court service offered at the ...
1.4 km
Penticton Water Aerodrome
CBSA officers at this airport can handle general a...
1.4 km
Starbucks
Cafe
2111 Main St
1.5 km
Cleo Cherry Lane Shopping Centre
Clothing store
2111 Main St #127
1.5 km
Wright's Beach Camp
Rv park
4200 Skaha Lake Rd
1.8 km
Additional Information about 285 Waterford Avenue

This House at 285 Waterford Avenue Penticton, BC with MLS Number 10325345 which includes 4 beds, 1 baths and approximately 1591 sq.ft. of living area listed on Penticton market by John Green - RE/MAX Penticton Realty at $695,000 51 days ago.

We have found 6 Houses that closely match the specifications of the property located at 285 Waterford Avenue with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 750,000 and 865,000.

The current price of the property is $695,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $583,800. This would result in a monthly mortgage payment of $3,250 over a 25-year amortization period.

More Details?
John Green
  • John Green
  • RE/MAX Penticton Realty
  • 250-486-5353
  • WebSite