Arun Rahul Group

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737 Ontario Street, Penticton
737 Ontario Street, Penticton
737 Ontario Street, Penticton
737 Ontario Street, Penticton
737 Ontario Street, Penticton
+5 more

737 Ontario Street, Penticton, British Columbia

$1,399,999
4
Beds
2.0
Baths
700
Square feet

About 737 Ontario Street

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:66920)

Key Features

  • Additional Parking
  • Baseboard heaters
  • Electric
  • Duplex
Rahul Manro
Rahul Manro
Real Estate Associate, Managing Partner
Cell: +1 403-926-2030 VIEW REALTOR® PROFILE

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Estimated monthly payment
$6,547
/month · principal + interest

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Listing courtesy of Association of Interior REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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