Amazing development opportunity for 12 townhomes in a prime location in Penticton, BC, just one block from Okanagan Lake and close to a variety of the city’s best amenities. The project is under review and close to obtaining a development permit from the City of Penticton. The proposed project comprises 12 thoughtfully and professionally designed luxury townhomes ranging from 1630 sq ft to 2050 sq ft, complete with garages and rooftop patios. Notably, the size and the alley access for the property allows for diverse development options, including rental apartments, condominiums, duplexes, or single-family residences with suites. The assembly of four lots for this project is rare in the south Okanagan. Take advantage of an approved project that will be ready to be built in a highly sought-after area with a shortage of inventory in the foreseeable future. For an in-depth information package including proposed plans, contact the listing agent. (id:47423)
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Detailed Information
Lot
120 x 0 ft
Listing Contract Date
2024-01-29
Municipal ID
031-540-261
Ownership Type
Freehold
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning
Residential
Building
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Electricity
At Lot Line
Natural Gas
At Lot Line
Sewer
Available
Water
At Lot Line
Land
Total Size
0.36 acres
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
0.36
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