924 Fairview Road, Penticton, British Columbia

$960,000

Previous Next

2

Beds

1

Bath

1,125

Square feet

0.28

Acres

About 924 Fairview Road

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:36535)

Features of 924 Fairview Road

Listing # 10333575
Price $960,000
Bedrooms 2
Bathrooms 1.00
Square Footage 1,125
Acres 0.28
Year Built 1954
Type Single Family
Sub-Type Freehold

Community Information

Address 924 Fairview Road
Subdivision Main North
City Penticton
Province British Columbia
Postal Code V2A5Y8

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Amar Kahlon and Harleen Lit Of RE/MAX Penticton Realty

Listing Map