737 Ontario Street, Penticton, British Columbia V2A 4S4

Listed for:
$1,399,999
4 beds
2 baths
Listed 1 day ago
Duplex for rent: 737 Ontario Street, Penticton, British Columbia V2A 4S4

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About

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:27476)

Property Highlights

MLS® Number
10400051
Type
Single Family
Ownership Type
Freehold
Land Size
under 1 acre

Building

Building Type
Duplex
Storeys
2.00
Square Footage
700 sqft
Bathrooms Total
2
Bedrooms Total
4
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Second level
9'4'' x 7'
Bedroom
Second level
10'9'' x 9'6''
Primary Bedroom
Second level
12' x 11'
Dining room
Second level
9'6'' x 9'
Living room
Second level
17'4'' x 12'
Kitchen
Second level
9'6'' x 9'
4pc Bathroom
Main level
9'4'' x 7'
Bedroom
Main level
10'9'' x 9'6''
Primary Bedroom
Main level
12' x 11'
Dining room
Main level
9'6'' x 9'
Living room
Main level
17'4'' x 12'
Kitchen
Main level
9'6'' x 9'

Location

Learn more about this property
Listing provided by:
Canada Flex Realty Group Ltd.
MLS® number:
10400051
Agent:
Gary Jenkins
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Street Spotlight - For sale