About this home
Great opportunity to build your dream home in the highly sought-after Wiltse neighborhood! This fantastic lot is located among well-established homes, offering a prime location surrounded by valuable real estate. With plenty of possibilities, you can design the perfect family home. Conveniently located right across the street from Wiltse Elementary School, this lot is ideal for families with young children. With downtown just 5 minutes away and outdoor recreation only 2 minutes from your doorstep, you’ll enjoy the perfect balance of convenience and lifestyle. The property is zoned R4-L (Small-Scale Multi-Unit Residential – Large Lot), allowing for the development of up to four dwelling units, providing flexibility in your building plans. Additionally, the R4-L zoning supports the inclusion of accessory dwelling units, such as secondary suites or carriage houses, further enhancing the property's versatility and potential rental income. Notably, recent bylaw amendments have removed on-site parking requirements for these accessory units, simplifying the development process. There is a building scheme on title, buyer to do their own due diligence with the city. Great opportunity—contact the listing agents today for a full information package.
Living at 604 Balsam Avenue
Neighbourhood scores
9.3 / 10Walk & bike score: 6.9 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
Everyone in the family marks what matters to them (Skip, Nice or Must), and every home gets a match score. Kids too.
Set up my family’s matchYour answers stay on your phone or computer.
Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $179,000
- MLS® number
- 10380493
- Property type
- Lot / land · Other · Vacant Land
- Ownership
- Freehold
- Lot size
- 0.17 acres · 0.17
- Annual taxes
- $1,551
- Community
- Wiltse/Valleyview, Penticton
Features
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Electricity, Telephone
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Listing information is provided by Royal LePage Locations West through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-10-15.