Don Rae Realtor


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  • 924 FAIRVIEW Road Penticton V2A5Y8

    Price : $960,000 Listing ID : 10333575
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 1125 sqft
    Built in : 1954 Total Parking Spaces : -
    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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : - Features : - Structures : -
    Total Parking Spaces : - View : - Waterfront : -
    Zoning Type : Unknown
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Central air conditioning
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : Forced air Roof Style : -
    Roofing Material : - Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Main level Bedroom 12' x 10'
    Dining room 9' x 9'
    Full bathroom Measurements not available
    Kitchen 16' x 16'
    Laundry room 10' x 5'
    Living room 14' x 12'
    Primary Bedroom 14' x 10'
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.