730 Eckhardt Avenue presents an excellent opportunity for a multi-family development project in a highly sought-after, unique location beside Penticton Creek and city-owned greenspace. The property is ideally situated within a short walking distance from downtown Penticton. The lot size is just over a quarter-acre, and it aligns with the Penticton Official Community Plan, currently supporting up to 4 sizable units. With an Official Community Plan Amendment, which has been supported on other recent projects, the potential expands to accommodate higher density. The upcoming government legislation, effective in June, will streamline infill development processes, offering a significant advantage in time and costs. Included on the property is a tidy 1450 sq ft rancher home currently under lease, along with a detached shop. This offering is focused on its development potential, and viewings of the home are available on weekends only, requiring a 48-hour notice. (id:41613)

Full Address:
730 ECKHARDT Avenue, Penticton, British Columbia
Price:
$ 775,000
MLS Number:
10310354
List Date:
April 17th, 2024
Neighbourhood:
Main North
Lot Size:
0.26 ac
Year Built:
1960
Taxes:
$ 3,511
Ownership Type:
Freehold

Property Specifications

Bedrooms:
2
Bathrooms:
1
Appliances:
Refrigerator, Range, Dryer
Heating:
Forced air, See remarks
Fireplaces:
1
Fireplace Type:
Gas, Unknown

Interior Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Residential
Exterior:
Wood
Garage:
Other, RV, See Remarks
Garage Spaces:
2

Building Features

Finished Area:
1450 sq.ft.
Rooms:

Floors

Lot Size:
0.26 ac
Lot Features:
Level lot

Land

Neighbourhood Features

Amenities Nearby:
Pets Allowed With Restrictions

Ratings

Commercial Info

Location

Mortgage Calculator

Neighbourhood Details

Agent: John GreenBrokerage: RE/MAX Penticton Realty Phone: 250-486-5353

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