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:4069)
Address
508 Eckhardt Avenue E
List Price
$539,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
sale
Area
British Columbia
Sub-Area
Penticton
Bedrooms
3
Bathrooms
1
Floor Area
1,203 Sq. Ft.
Lot Size
0.06 Ac.
Year Built
1930
MLS® Number
10359586
Listing Brokerage
Summerland Realty Ltd.
Postal Code
V2A1Z8
Site Influences
Schools, Shopping
Features
Level lot, Irregular lot size
