Prime Development Opportunity with a 2600+ sq/ft lot includes Two PIDs. This affordable single-family home sits on a unique wedge-shaped lot offering rare flexibility for redevelopment in one of Penticton’s most accessible locations. Just steps to elementary and high schools, sports fields, and the hospital—and within walking distance to the premium downtown amenities—this property is perfectly positioned now and for future housing projects. While you finalize plans and approvals, the existing home’s recent functional updates make it a ready-to-rent holding property, generating dependable income to offset carrying costs. Whether you choose to continue to renovate, expand, or take advantage of the lot’s shape and dual titles for a multi-unit build (with municipal approval), this is a high-potential asset. Opportunities with this combination of price, location, and development upside are few and far between! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,203 sq. ft.112 m2
Taxes:
$2,369.6 /
-
Community:
Main North
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Data was last updated November 16, 2025 at 09:15 AM (UTC)
Area Statistics
Listings on market:
132
Avg list price:
$676,500
Min list price:
$185,000
Max list price:
$3,495,000
Avg days on market:
61
Min days on market:
1
Max days on market:
438
Avg price per sq.ft.:
$391.65
These statistics are generated based on the current listing's property type
and located in
Main North. Average values are
derived using median calculations. This data is not produced by the MLS® system.
