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:44056)

Property Details

Full Address:
737 Ontario Street, Penticton, British Columbia
Price:
$ 1,399,999
MLS Number:
10400051
List Date:
September 10th, 2026
Year Built:
1969
Taxes:
$ 4,538

Interior Features

Bedrooms:
4
Bathrooms:
2
Total Rooms:
Heating:
Baseboard heaters, Electric

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Additional Parking
Ownership Type:
Freehold
Taxes:
$ 4,538

Floors

Finished Area:
700 sq.ft.

Land

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Gary Jenkins Canada Flex Realty Group
250-328-3244
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Listing Agent(s)

Lead Agent: Gary Jenkins
Office: Canada Flex Realty Group
Originating Board: Association of Interior REALTORS®

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