737 Ontario Street, Penticton

2026-09-12
 

Quick Summary

Location
737 Ontario Street, Penticton, British Columbia V2A4S4
Price
$1,399,999 CAD
Status:
For Sale
Property Type:
Single Family
Area:
700 sqft
Bedrooms:
4
Bathrooms:
2
Year of Construction:
1969

MLS®#10400051

Property Description

INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:32467)

Property Features

Building

  • Construction Style: Semi-detached
  • Fireplace: No
  • Interior Size: 700 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Canada Flex Realty Group Ltd.
Listing information last updated on: 2026-09-10 16:58:31


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$500,000

Your One Percent Realty Commission savings

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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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