402 CONKLIN Avenue, Penticton, British Columbia V2A2T4

Listing courtesy of RE/MAX Penticton Realty.

$849,000
3
BD
1
BA
1,425
SqFt
List Price
$849,000
MLS®
10322605
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
1
Living Area
1,425
Agent Name
Heather Smith
Agent Phone
250-486-7126
Lot Size Dimensions
0.26
Lot Size
11,325
Subdivision
Main North

Property Description

Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0.26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway. Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes. This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations. Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale. (id:5764)

Additional Information

Ownership
Freehold
View
City view, Mountain view
Garage
Yes
Subdivision
Main North
Zoning
Residential
Parking Spaces
4
Cooling
Wall unit
Country
Canada
Flooring
Carpeted
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters, Electric
Lot Features
Level lot
Stories
1
Lot Size
11,325
Exterior Features
Vinyl siding
Zoning
Residential

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Calculator source: Real Geeks