1471 & 1473 Government Street, Penticton

2026-06-09
 

Quick Summary

Location
1471 & 1473 Government Street, Penticton, British Columbia V2A4V9
Price
$1,949,000 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#10390323

Property Description

LAND ASSEMBLY! Premium Multi Family Development Potential. This designated High Density area by the OCP envisions heights up to 6 storeys of apartment use. The two parcels are only sold together and provide a 21,000 SF footprint. Under 100 steps to the Hospital and close to transportation, recreation, schools and shopping. This rare opportunity to develop one of the best locations in the city. Your opportunity to get involved in the future of Penticton housing. The Zoning process has now been streamlined and because of the OCP designation, no public hearing would be required. Start building now or a great holding property with rental income available from two homes. For more information please contact listing agent. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Other
  • Utility Water: Municipal water

Land

  • Land Size: 0.48 ac|under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Chamberlain Property Group
Listing information last updated on: 2026-06-10 18:36:25


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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. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

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