$775,000
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:50889)
Property Details
MLS® Number
10310354
Neigbourhood
Main North
Amenities Near By
Recreation, Schools, Shopping
Community Features
Pets Allowed With Restrictions
Features
Level Lot
Parking Space Total
2
Building
Bathroom Total
1
Bedrooms Total
2
Appliances
Range, Refrigerator, Dryer
Architectural Style
Ranch
Constructed Date
1960
Construction Style Attachment
Detached
Exterior Finish
Wood
Fireplace Fuel
Gas
Fireplace Present
Yes
Fireplace Type
Unknown
Heating Type
Forced Air, See Remarks
Roof Material
Asphalt Shingle
Roof Style
Unknown
Stories Total
1
Size Interior
1450 Sqft
Type
House
Utility Water
Municipal Water
Land
Acreage
No
Land Amenities
Recreation, Schools, Shopping
Landscape Features
Level
Sewer
Municipal Sewage System
Size Irregular
0.26
Size Total
0.26 Ac|under 1 Acre
Size Total Text
0.26 Ac|under 1 Acre
Zoning Type
Residential