Penticton, BC V2A5Y8,924 FAIRVIEW Road
Penticton, BC V2A5Y8,924 FAIRVIEW Road
Penticton, BC V2A5Y8,924 FAIRVIEW Road
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$799,000
Est. payment /mo
2 Beds
1 Bath
1,175 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,175 sqft

Price per Sqft $680

Subdivision Main North

MLS® Listing ID 10361465

Style Ranch

Bedrooms 2

Year Built 1954

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

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:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 1.0

Extra Room 1 Basement 10'0'' x 5'0'' Laundry room

Extra Room 2 Main level 14'0'' x 10'0'' Primary Bedroom

Extra Room 3 Main level 14'0'' x 12'0'' Living room

Extra Room 4 Main level 16'0'' x 16'0'' Kitchen

Extra Room 5 Main level 9'0'' x 9'0'' Dining room

Extra Room 6 Main level 12'0'' x 10'0'' Bedroom

Interior

Heating Other, See remarks

Cooling See Remarks

Exterior

Parking Features Yes

View Y/N No

Roof Type Unknown

Private Pool No

Building

Lot Description Level

Story 1

Sewer Municipal sewage system

Architectural Style Ranch

Others

Ownership Freehold


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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501

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924 FAIRVIEW Road