402 CONKLIN Avenue, Penticton
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:62865)
Status
Active
Year Built
1965
Property Type
House
Ownership
Freehold
Parking Spaces
4
Annual Tax
$3,524
Parcel Number
010-704-205
Data Source
Association of Interior REALTORS®
Bedrooms
3
Bathrooms
1
Living Area
1425 square feet
Architectural Style
Bungalow
Basement
Crawl space
Flooring
Appliances
Lot Size
0.26 acres
Fencing
Chain link
View
City view, Mountain view
Lot Features
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters, Electric
Cooling
Wall unit
Water Source
Municipal water
Sewer
Municipal sewage system
$775,000
Office
RE/MAX Penticton Realty
Loan Amount:
$620,000
Estimated Monthly Payment:
$3,021
This is an estimate for informational purposes only. Consult with a financial advisor.
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