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$1,399,999
 $7,515 est/mo Sourced by Back At You

737 Ontario Street,Penticton, BC V2A4S4

Penticton, BC V2A4S4

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Description

INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:13843)

Details

MLS #10400051
Listing TypeFor Sale
StyleDuplex
StatusActive
Year1969
Days On Site54
Listing Provided ByCanada Flex Realty Group | Gary Jenkins

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet700
Story(s)2

Interior

HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Parking

Parking FeaturesAdditional Parking

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount4537.89

Area Information

ProvinceBC
CityPenticton
Postal CodeV2A4S4
Listing VS Median (in V2A4S4)
Price:
$1,399,999
low | high
Med:
$499,000
100% of Average
sqft:
700
low | high
Med:
980
10% of Average
$ / sqft:
$2,000
low | high
Med:
$509
100% of Average
On site:
54
low | high
Med:
110
49.090909090909% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Trevor Docherty

Trevor Docherty

Broker/Owner (705) 787-5060tdocherty@sutton.com
ProvinceBC
CityPenticton
Postal CodeV2A4S4
Listing VS Median (in V2A4S4)
Price:
$1,399,999
low | high
Med:
$499,000
100% of Average
sqft:
700
low | high
Med:
980
10% of Average
$ / sqft:
$2,000
low | high
Med:
$509
100% of Average
On site:
54
low | high
Med:
110
49.090909090909% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 10:47:30 PM PDT