PENTICTON

Penticton is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Penticton has become a popular destination for both tourists and residents.

The real estate market in Penticton has been steady and offers a mix of single-family homes, townhouses, and condos available. Prices are relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The town also boasts a great downtown area with many shops and restaurants. It is surrounded by several wineries that offer tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Apex Mountain Resort. Penticton is also host to the famous "Ironman" triathlon and the Peach Festival, held annually in August.

Description

Penticton one of the most beautiful cities of BC offers a very unique opportunity to the investors and developers to build a multistorey building in the downtown core of the city. This C5 zoned lot , which is only steps away from famous Lake Okanagan has the potential of High Density Residential ( Up to 12 Storeys) The City council supports it and is willing to work with the Developers with their unique ideas and vision. Existing approved DP plans provide a unique opportunity for a developer to take full advantage of C5 zoning. Build a 5 Storey high building with Commercial Space on the ground floor and 3 very spacious 2 bed room 2 bath room residential units on each upper floors. Super downtown Location which itself is very beautiful and only 5 minutes walking distance to famous Beaches of Okanagan Lake , City Park and Casinos. Perfect place for retirees or long time or short time investors. (id:2469)

Listing Provided By

Oakwyn Realty Okanagan

Neighborhood Info

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.1 ac|under 1 acre
Taxes
N/A
Type
Other
Style
N/A
Basement
Year Built
N/A
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave w
  • Penticton, BC
  • V2A2A9