Name: 1049 Government Street, Penticton | MLS® 10356548
SKU: 10356548
Price: 749900.0 CAD
Availability: InStock

$749,900 Sale

Listed 31 days ago

1049 Government Street

MLS® 10356548 House

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Date:

Beds · 3

Baths · 1.5

Parking · 0

Sqft · 1966

Est. mortgage

$2,845/mo

Key Facts

Key facts for 1049 Government Street

Property Type

House, House

Parking

Garage: No, 0 parking

MLS #

10356548

Size

1966 sqft

Basement

Full

Listed on

Lot size

Tax

Days on Market

Year Built

1950

Maintenance Fee

Description

Capitalize on Penticton's booming real estate market with this exceptional investment property featuring NEW multi-unit zoning and future approval for even higher density development. This rare find offers immediate income potential through the existing 4-bedroom, 2-bathroom home while you develop y...our long-term vision. The clean, functional holding property can generate rental income during planning phases, while the fully fenced lot with dual access points (front and laneway) maximizes development flexibility. Established fruit trees and mountain views add immediate appeal for future residents. Located minutes from Penticton's pristine beaches, top-rated schools, recreational parks, and vibrant downtown dining and shopping district, this prime location ensures strong rental demand and future resale value. The City-backed rezoning initiative supports multiple structural opportunities on this generous lot, and with Penticton's strategic densification focus, early investors are positioned to maximize returns as the market continues its upward trajectory. The vacant property offers quick possession, allowing immediate implementation of your investment strategy. Don't miss this opportunity to secure your stake in one of BC's most desirable markets. (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

1.5

Square Footage

1966 sqft

Heating Source

Electric

Heating Type

Forced air

Kitchens

Full Bathrooms

Half Bathrooms

Fireplace Type

Free Standing Metal

Flooring Type

Carpeted, Linoleum, Wood

Bedrooms

Washrooms

1.5

Square Footage

1966 sqft

Heating Source

Electric

Heating Type

Forced air

Kitchens

Full Bathrooms

Half Bathrooms

Fireplace Type

Free Standing Metal

Flooring Type

Carpeted, Linoleum, Wood

Exterior

Acreage

0.29 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Type

Unknown

Land Amenities

Park, Recreation, Shopping

Acreage

0.29 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Type

Unknown

Land Amenities

Park, Recreation, Shopping

Building Description

Style

House

Home Type

House

Subtype

House

Year Built

1950

Exterior

Stucco, Wood siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Architectural Style

Ranch

Style

House

Home Type

House

Subtype

House

Year Built

1950

Exterior

Stucco, Wood siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Architectural Style

Ranch

Community

Main North

Area Code

Penticton

Community

Main North

Area Code

Penticton

Room Types

2pc Bathroom

Measurements not available

0 sqft

4pc Bathroom

Measurements not available

0 sqft

Bedroom

Dimensions 10'3'' x 10'5''

106.77 sqft

Lana Pontello

Cell: 2504889141