457 Ellis Street
Penticton, British Columbia V2A4M1

$825,000

ID# 10324673
Welcome to a remarkable property situated in Penticton's mixed residential infill housing area. 457 Ellis is move-in ready, making it an ideal choice for both homeowners and investors alike for a holding property. This lot is zoned C5, allowing for 100% lot coverage and no setbacks, providing unparalleled flexibility for development. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers looking to capitalize on the growing demand for residential and commercial spaces in this vibrant area. Nestled in the flat central part of Penticton, this property boasts a highly walkable environment. It is conveniently located near the local high school, a variety of local shops and restaurants, all surrounded by thriving businesses that contribute to the neighbourhood's ongoing gentrification. This property represents a unique opportunity to invest in one of Penticton's most sought-after areas. With its prime location, flexible zoning, and proximity to key amenities, it is perfectly positioned for future development. Don’t miss your chance to be part of the exciting growth in downtown Penticton, contact us today for more information! (id:3942)
Courtesy of Royal Lepage Locations West

Listed on: September 27, 2024

On market: 10 days
Bathroom Total 2
Bedrooms Total 3
Half Bathrooms Total 0
Year Built 1915
Cooling Type Window air conditioner
Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 1.5
OtherSecond level8'0'' x 7'0''
Primary BedroomSecond level13'0'' x 12'0''
3pc Ensuite bathSecond levelMeasurements not available
OtherMain level10'0'' x 4'0''
Living roomMain level25'0'' x 13'0''
KitchenMain level13'0'' x 17'0''
FoyerMain level15'0'' x 7'0''
BedroomMain level11'0'' x 9'0''
BedroomMain level10'0'' x 7'0''
3pc BathroomMain levelMeasurements not available
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