924 Fairview Road Penticton, British Columbia V2A 5Y8

2 Bedroom 1 Bathroom 1,175 ft2
Ranch See Remarks Other, See Remarks Level

$799,000

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:60329)

Property Details

MLS® Number 10361465
Property Type Single Family
Neigbourhood Main North
Amenities Near By Golf Nearby, Recreation, Schools, Shopping
Features Level Lot

Building

Bathroom Total 1
Bedrooms Total 2
Appliances Range, Refrigerator, Dryer, Washer
Architectural Style Ranch
Basement Type Partial
Constructed Date 1954
Construction Style Attachment Detached
Cooling Type See Remarks
Exterior Finish Other
Heating Type Other, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 1,175 Ft2
Type House
Utility Water Municipal Water

Parking

Carport

Land

Acreage No
Land Amenities Golf Nearby, Recreation, Schools, Shopping
Landscape Features Level
Sewer Municipal Sewage System
Size Frontage 60 Ft
Size Irregular 0.28
Size Total 0.28 Ac|under 1 Acre
Size Total Text 0.28 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Basement Laundry Room 10'0'' x 5'0''
Main Level Primary Bedroom 14'0'' x 10'0''
Main Level Living Room 14'0'' x 12'0''
Main Level Kitchen 16'0'' x 16'0''
Main Level Dining Room 9'0'' x 9'0''
Main Level Bedroom 12'0'' x 10'0''
Main Level 4pc Bathroom Measurements not available

https://www.realtor.ca/real-estate/28809776/924-fairview-road-penticton-main-north

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