440 Westminster Avenue W, Penticton, British Columbia V2A 1K5

Listed for:
$550,000
0 beds
0 baths
Listed 11 days ago
Other for rent: 440 Westminster Avenue W, Penticton, British Columbia V2A 1K5

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About

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:27476)

Property Highlights

MLS® Number
10394875
Type
Vacant Land
Ownership Type
Freehold
Land Size
0.14 ac|under 1 acre

Building

Building Type
Other
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
eXp Realty
MLS® number:
10394875
Agent:
Tricia Radcliffe
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