Prime Development Opportunity with a 2600+ sq/ft lot includes Two PIDs. This affordable single-family home sits on a unique wedge-shaped lot offering rare flexibility for redevelopment in one of Penticton’s most accessible locations. Just steps to elementary and high schools, sports fields, and the hospital—and within walking distance to the premium downtown amenities—this property is perfectly positioned now and for future housing projects. While you finalize plans and approvals, the existing home’s recent functional updates make it a ready-to-rent holding property, generating dependable income to offset carrying costs. Whether you choose to continue to renovate, expand, or take advantage of the lot’s shape and dual titles for a multi-unit build (with municipal approval), this is a high-potential asset. Opportunities with this combination of price, location, and development upside are few and far between! (id:41613)

Full Address:
508 Eckhardt Avenue East, Penticton, British Columbia
Price:
$ 539,000
MLS Number:
10359586
List Date:
August 25th, 2025
Neighbourhood:
Main North
Lot Size:
0.06 ac
Year Built:
1930
Taxes:
$ 2,370
Ownership Type:
Freehold

Property Specifications

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range – Electric, Dishwasher, Dryer
Flooring:
Laminate, Ceramic Tile
Heating:
Forced air, See remarks

Interior Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Garage:
Stall, Street

Building Features

Finished Area:
1203 sq.ft.
Rooms:

Floors

Lot Size:
0.06 ac
Lot Features:
Level lot, Irregular lot size

Land

Neighbourhood Features

Ratings

Commercial Info

Location

Mortgage Calculator

powered by Ratehub.ca

Neighbourhood Details

Agent: Callan PowerBrokerage: Summerland Realty Ltd. Phone: 250-634-3051

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

Multiple Listing Service (MLS) trademark® The MLS® mark and 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. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Let us find your dream home today!

Contact Us 250.809.5797