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1266 GOVERNMENT Street, Penticton
2025-09-05
Quick Summary
- Location
- 1266 GOVERNMENT Street, Penticton, British Columbia v2a4v4
- Price
- $799,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2066 sqft
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year of Construction:
- 1930
MLS®#10361847
Property Description
Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Schools, Shopping
Building
- Architectural Style: Ranch
- Basement Type: Cellar
- Construction Style: Detached
- Exterior Finish: Other
- Fireplace: Yes
- Interior Size: 2066 sqft
- Building Type: House
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 0.19 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by RE/MAX Penticton Realty
Listing information last updated on: 2025-11-12 19:41:27
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How much could you save in commission selling with One Percent Realty?
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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.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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