About this home
Visit REALTOR website for additional information. RM2 development opportunity in central Penticton with High Density Residential OCP designation. This flat 0.31-acre parcel offers approximately 13,500 sq. ft. of land with approximately 21.58 m of frontage and is improved with an existing owner-occupied single-family home currently served by municipal services. Permitted uses in the RM2 zone include low-density multiple housing forms such as apartments, cluster housing and townhouses, subject to City of Penticton requirements and approvals. Located within Transit-Oriented Area 2, the property is close to Main Street amenities, transit, schools, recreation and the KVR Trail. Offered as-is and primarily for land value, this is a well-located opportunity for builders, developers and investors planning a future residential project in Penticton. Buyer to independently verify zoning, permitted uses, density, parking, servicing capacity, geotechnical requirements, development costs, title matters and redevelopment potential with the City of Penticton and applicable authorities.
Living at 137 Green Avenue W
Neighbourhood scores
9.1 / 10Walk & bike score: 5.3 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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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
- $999,900
- MLS® number
- 10401258
- Property type
- Commercial · Retail
- Ownership
- Freehold
- Lot size
- 0.31 acres · 0.31
- Year built
- 1957
- Annual taxes
- $1,119
- Community
- Main South, Penticton
Features
- Lot
- Level lot
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Natural Gas, Electricity, Telephone
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Listing information is provided by PG Direct Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.