440 Westminster Avenue W, Penticton, BC V2A1K5
440 Westminster Avenue W, Penticton, BC V2A1K5
440 Westminster Avenue W, Penticton, BC V2A1K5
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$550,000
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6,098 Sqft Lot
Active

440 Westminster Avenue W Penticton, BC V2A1K5

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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Main North

MLS® Listing ID 10394875

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Freehold

Property Description

In the heart of town, opportunity knocks. This large, RM2-zoned double lot offers exceptional potential for homeowners, investors, and developers alike. Located just steps from the beach, shopping, restaurants, and everyday amenities, the value here extends well beyond the existing home. The existing residence occupies one side of the property, while the second lot is ready for your vision, creating a rare opportunity to build while retaining, renovating, or reimagining the current home. Surrounded by newer homes and recent redevelopment, the property is ideally positioned for future development. RM2 zoning allows for a variety of residential possibilities, including the potential for a duplex or fourplex (buyer to verify with the municipality). Whether you're looking to renovate, invest, develop, or explore a combination of options, this property offers flexibility to match your vision. Large, centrally located development parcels are becoming increasingly difficult to find. With desirable zoning, a walkable location, a rare double lot, and multiple paths forward, this is an exceptional opportunity to secure a property with outstanding long-term potential. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

Fence Chain link, Fence

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold


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Andrew Loewen

Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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440 Westminster Avenue W