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457 Ellis Street, Penticton
2024-09-27
Quick Summary
- Location
- 457 Ellis Street, Penticton, British Columbia V2A4M1
- Price
- $825,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2670ft2
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year of Construction:
- 1915
MLS®#10324673
Property Description
Welcome to a remarkable property situated in Penticton's mixed residential infill housing area. 457 Ellis is move-in ready, making it an ideal choice for both homeowners and investors alike for a holding property. This lot is zoned C5, allowing for 100% lot coverage and no setbacks, providing unparalleled flexibility for development. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers looking to capitalize on the growing demand for residential and commercial spaces in this vibrant area. Nestled in the flat central part of Penticton, this property boasts a highly walkable environment. It is conveniently located near the local high school, a variety of local shops and restaurants, all surrounded by thriving businesses that contribute to the neighbourhood's ongoing gentrification. This property represents a unique opportunity to invest in one of Penticton's most sought-after areas. With its prime location, flexible zoning, and proximity to key amenities, it is perfectly positioned for future development. Don’t miss your chance to be part of the exciting growth in downtown Penticton, contact us today for more information! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Nearby, Recreation, Shopping
Building
- Appliances: Range, Refrigerator, Dryer, Washer
- Construction Style: Detached
- Cooling Type: Window air conditioner
- Exterior Finish: Vinyl siding
- Fireplace: No
- Interior Size: 2670 sqft
- Building Type: House
- Stories: 1.5
- Utility Water: Municipal water
Land
- Land Size: 0.07 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal Lepage Locations West
Listing information last updated on: 2024-09-27 21:00:33
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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