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604 Balsam Avenue, Penticton

MLS® #10380493
About this Property

Great opportunity to build your dream home in the highly sought-after Wiltse neighborhood! This fantastic lot is located among well-established homes, offering a prime location surrounded by valuable real estate. With plenty of possibilities, you can design the perfect family home. Conveniently located right across the street from Wiltse Elementary School, this lot is ideal for families with young children. With downtown just 5 minutes away and outdoor recreation only 2 minutes from your doorstep, you’ll enjoy the perfect balance of convenience and lifestyle. The property is zoned R4-L (Small-Scale Multi-Unit Residential – Large Lot), allowing for the development of up to four dwelling units, providing flexibility in your building plans. Additionally, the R4-L zoning supports the inclusion of accessory dwelling units, such as secondary suites or carriage houses, further enhancing the property's versatility and potential rental income. Notably, recent bylaw amendments have removed on-site parking requirements for these accessory units, simplifying the development process. There is a building scheme on title, buyer to do their own due diligence with the city. Great opportunity—contact the listing agents today for a full information package. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Annual Tax

$1,551

Parcel Number

030-107-164

Data Source

Association of Interior REALTORS®

Exterior & Lot

Lot Size

0.17 acres

Building & Utilities

Water Source

Municipal water

Sewer

Municipal sewage system

Utilities

ElectricityTelephone

$179,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Royal LePage Locations West

Mortgage Calculator
$35,800

Loan Amount:

$143,200

Estimated Monthly Payment:

$698

This is an estimate for informational purposes only. Consult with a financial advisor.