924 Fairview Road Penticton, British Columbia V2A 5Y8
$960,000
Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:59116)
Property Details
| MLS® Number | 10333575 |
| Property Type | Single Family |
| Neigbourhood | Main North |
Building
| BathroomTotal | 1 |
| BedroomsTotal | 2 |
| ConstructedDate | 1954 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1125 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 0.28 |
| SizeTotal | 0.28 Ac|under 1 Acre |
| SizeTotalText | 0.28 Ac|under 1 Acre |
| ZoningType | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 10' x 5' | ||
| Main Level | Kitchen | 16' x 16' | ||
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Bedroom | 12' x 10' | ||
| Main Level | Dining Room | 9' x 9' | ||
| Main Level | Living Room | 14' x 12' | ||
| Main Level | Primary Bedroom | 14' x 10' |
https://www.realtor.ca/real-estate/27852000/924-fairview-road-penticton-main-north
Interested?
Contact us for more information
Amar Kahlon
Personal Real Estate Corporation
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
Harleen Lit
105 - 5477 152 Street
Surrey, British Columbia V3S 5A5
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January 30 2025 12:48:15
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty, Homelife Benchmark Titus Realty
