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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$3,606 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.