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330 Van Horne Street Penticton, British Columbia V2A 4K5

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3 Bedroom 1 Bathroom 1308 sqft
Window Air Conditioner Baseboard Heaters Level

$799,900

Discover an exceptional opportunity to invest in a strategically located R4-S zoned lot in the heart of downtown Penticton. This prime parcel of land is just a few short blocks from Okanagan Beach, making it an ideal site for residential development. With approved plans for two duplexes, this property is perfectly positioned to capitalize on the vibrant lifestyle and amenities that Penticton has to offer. The R4-S zoning allows for the construction of four dwellings with plans in place already for two duplexes, offering a unique opportunity to create modern, multi-family residences that cater to the growing demand for housing in this desirable area. The plans are designed to maximize the use of space while providing comfortable living environments that align with the community's need for density. This lot not only presents a chance to develop residential units but also to tap into the thriving rental market in Penticton. With its prime location and proximity to key attractions, the potential for high rental yields is significant, making this an attractive investment for developers and investors alike. Situated in the bustling downtown area, this lot is surrounded by a variety of breweries, boutique shops, and restaurants, providing a lively atmosphere and convenience for everyday living. A short distance from some of the region's finest wineries, residents will have easy access to local wine tours and tastings, enhancing the appeal of this location. Contact the listing rep (id:52811)

Property Details

MLS® Number 10324136
Property Type Single Family
Neigbourhood Main North
Amenities Near By Golf Nearby, Public Transit, Airport, Recreation, Schools, Shopping, Ski Area
Community Features Family Oriented, Pets Allowed, Rentals Allowed
Features Level Lot, Private Setting
Parking Space Total 1
View Type City View, Mountain View, Valley View, View (panoramic)

Building

Bathroom Total 1
Bedrooms Total 3
Appliances Refrigerator, Dryer, Oven - Electric, Microwave, Washer
Constructed Date 1929
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Stucco
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 1308 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Attached Garage 1
Other
R V

Land

Access Type Easy Access
Acreage No
Land Amenities Golf Nearby, Public Transit, Airport, Recreation, Schools, Shopping, Ski Area
Landscape Features Level
Sewer Municipal Sewage System
Size Irregular 0.14
Size Total 0.14 Ac|under 1 Acre
Size Total Text 0.14 Ac|under 1 Acre
Zoning Type Multi-family

Rooms

Level Type Dimensions
Main Level Laundry Room 7' x 5'
Main Level Dining Room 15' x 14'
Main Level Bedroom 10'7'' x 10'
Main Level Kitchen 12' x 9'
Main Level Bedroom 12'10'' x 10'6''
Main Level Living Room 18'7'' x 13'
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 18' x 8'6''

https://www.realtor.ca/real-estate/27422025/330-van-horne-street-penticton-main-north