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$1,299,900

Est. payment - /mo

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6 Beds

4 Baths

3,978 SqFt

Price Dropped by $75K

355 & 357 Gwyer Street Penticton, BC V2A1R2

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Andrew Loewen

andrew.loewen@exprealty.com +1(250) 801-6713

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3978

Square Footage 3,978 sqft

Price per Sqft $326

Subdivision Uplands/Redlands

MLS® Listing ID 10399671

Bedrooms 6

Year Built 1969

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Freehold

Property Description

A unique opportunity in a sought-after Penticton location, this full duplex offers rental income, flexible living arrangements and future potential. Perched above the neighbourhood, the property enjoys city views with peekaboo lake views and an elevated setting that could offer even greater views with future redevelopment. One side is owner-occupied with living space upstairs and down, plus an in-law-style basement suite offering rental potential. The other side features separate upper and lower tenant accommodations, creating multiple income streams and flexibility for an investor or owner-occupier. R4-L zoning allows for small-scale multi-unit residential development, including up to four dwelling units and buildings up to three storeys above approved grade. The elevated position could provide an opportunity to maximize city and lake views with a thoughtfully designed future project. Existing rents are below market, offering potential for future upside. Major components have been updated, including the roof and heat pumps. Mature landscaping provides established character, with room to garden, entertain and make the grounds your own. Close to downtown Penticton, amenities, shopping, restaurants and the lake, this property offers plenty of options for investors, owner-occupiers or those looking toward future development. Zoning, suite status, development potential, measurements, setbacks, servicing and other development considerations should be verified by the buyer. (id:24570)

Location

Province BC

Rooms

Kitchen 4.0

Extra Room 1 Basement 10'9'' x 16'6'' Primary Bedroom

Extra Room 2 Basement 10'3'' x 13'0'' Laundry room

Extra Room 3 Basement 17'4'' x 13'11'' Kitchen

Extra Room 4 Basement 15'0'' x 13'0'' Family room

Extra Room 5 Basement 10'2'' x 5'0'' 4pc Bathroom

Extra Room 6 Basement 12'0'' x 13'0'' Recreation room

Interior

Heating Heat Pump

Cooling Heat Pump

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Underground sprinkler

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Chamberlain Property Group

NEARBY SCHOOL & BUSINESS

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Andrew Loewen

Agent License ID: 181959

+1(250) 801-6713

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355 & 357 Gwyer Street Penticton, BC V2A1R2

Andrew Loewen

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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355 & 357 Gwyer Street