402 CONKLIN Avenue
Penticton, British Columbia
MLS® 10386674
$775,000
- Status
- Active
- Property type
- House
- MLS® number
- 10386674
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1965
1 / 25Listing description
Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0. 26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway.
Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes.
This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations.
Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale.
Property summary
- MLS® number
- 10386674
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,425 sq ft
- Title
- Freehold
- Land size
- 0.26 acres
- Built in
- 1965
- Annual property taxes
- $3,524.37
- Parking
- 4 spaces · Detached Garage, Other, Additional Parking
- Days on market
- 121 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Crawl space
- Flooring
- Carpeted
- Appliances
- Washer, Refrigerator, Range - Electric, Dryer, Microwave
- Exterior features
- Vinyl siding
- Lot features
- Level lot
- View
- City view, Mountain view
- Architectural style
- Bungalow
What would this home cost you?
Based on the $775,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Penticton Realty, Penticton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.