$1,399,999

737 Ontario Street, Penticton

Main North, Penticton, BC V2A4S4

4 bd · 2 ba · 700 sq ft · Townhome / duplex

Listed by Canada Flex Realty Group Ltd. · Gary Jenkins

About this property

INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:67417)

Property details

Price

$1,399,999

MLS® number

10400051

Property type

Townhome / duplex · Duplex · Single Family

Ownership

Freehold

Bedrooms

4

Bathrooms

2

Living area

700 sq ft

Year built

1969

Storeys

2

Annual taxes

$4,538

Community

Main North, Penticton

Features

Heating

Baseboard heaters, Electric

Parking

Additional Parking

Water

Municipal water

Sewer

Municipal sewage system

Rooms

Level	Room	Size
Second level	4pc Bathroom	7' x 9'4''
Second level	Bedroom	9'6'' x 10'9''
Second level	Primary Bedroom	11' x 12'
Second level	Dining room	9' x 9'6''
Second level	Living room	12' x 17'4''
Second level	Kitchen	9' x 9'6''
Main level	4pc Bathroom	7' x 9'4''
Main level	Bedroom	9'6'' x 10'9''
Main level	Primary Bedroom	11' x 12'
Main level	Dining room	9' x 9'6''
Main level	Living room	12' x 17'4''
Main level	Kitchen	9' x 9'6''

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