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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

←Back to Penticton properties

$550,000

For Sale
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←Back to Penticton properties

Swipe photos or tap to open fullscreen gallery.

For Sale

$550,000

MLS® 10394875

440 Westminster Avenue W

Penticton, British Columbia, V2A1K5

Property type
Vacant Land
Building
Other
Lot size
0.14 acres
Ownership
Freehold
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Property facts

Property type
Vacant Land
Building
Other
Transaction
For Sale
Lot size
0.14 acres
Ownership
Freehold

About this property

In the heart of town, opportunity knocks. This large, RM2-zoned double lot offers exceptional potential for homeowners, investors, and developers alike. Located just steps from the beach, shopping, restaurants, and everyday amenities, the value here extends well beyond the existing home. The existing residence occupies one side of the property, while the second lot is ready for your vision, creating a rare opportunity to build while retaining, renovating, or reimagining the current home. Surrounded by newer homes and recent redevelopment, the property is ideally positioned for future development. RM2 zoning allows for a variety of residential possibilities, including the potential for a duplex or fourplex (buyer to verify with the municipality). Whether you're looking to renovate, invest, develop, or explore a combination of options, this property offers flexibility to match your vision. Large, centrally located development parcels are becoming increasingly difficult to find. With desirable zoning, a walkable location, a rare double lot, and multiple paths forward, this is an exceptional opportunity to secure a property with outstanding long-term potential. (id:53361)

Features & details

Sewer
Municipal sewage system
Water
Municipal water
Fireplace
false
Utilities
Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Fencing
Fence, Chain link
Photos Count
15
Parcel Number
008-249-687
Tax Annual Amount
3141
Originating System
Association of Interior REALTORS®
Internet Address Display
true

Location

440 Westminster Avenue W, Penticton, British Columbia, V2A1K5

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The listing content is protected by copyright owned by CREA or its member Boards / Associations. Listing data is believed to be reliable but is not guaranteed by CREA or this brokerage.