303 NANAIMO Avenue Main North, Penticton, British Columbia, CA

Address: 303 NANAIMO Avenue, Penticton, British Columbia

0 Beds0 Baths0 sqftStatus: Buy
Price $725,000

Property Overview


Opportunity knocking! RM3 zoning. Bare land corner lot, house has been removed, building site ready to go. Corner lot is approx 55 feet frontage on Nanaimo Avenue plus 125 feet frontage on Brunswick Street, with lane access off Brunswick. Pancake flat lot on two quiet, no through roads, just a short walk to Lake Okanagan, Farmers' Market, all of downtown, several brew pubs, and walkable to South Okanagan Events Centre. Hospital is only a 5 minute drive away. All services and utilities are available at this downtown location. Development Variance Permit is in place, with side yard relaxations, valid until August 2024. Plans included for 4 three level townhomes with rooftop decks. It may be possible to add some lower suites if city relaxes further, the issue would mostly be parking. The city and the province want densification on new builds, our new reality in a housing crunch. This is a primo site in the heart of the action. Package available. (id:51532)

 

Tags




Property Summary
Property Type
Vacant Land
Building Type
Other
Title
Freehold
Neighbourhood Name
Main North
Land Size
0.16 ac|under 1 acre
Building
Building Features
Features
Level lot, Corner Site
Utilities
Utility Type
Cable(Available),Electricity(Available),Natural Gas(Available),Telephone(Available),Sewer(Available),Water(Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Features
           Level lot            Corner Site
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Your Home Finance Calculation

Property Price CA $725,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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