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$1,199,000
Est. payment /mo
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Main North
MLS® Listing ID 10319703
Originating Board Association of Interior REALTORS®
Lot Size 9,147 Sqft
Acres 9147.6
Property Description
Well located multi-family development site in downtown Penticton. One block off Main Street and steps from Penticton Secondary School. Penticton's new zoning bylaw, adopted June 18th, 2024, permits under the RM5 zoning up to 4 storeys and a FAR of 2.0 (up to 18,469 sf of developed, above ground area). The most significant change in the new zoning bylaw is the elimination of any on-site parking stalls required (nor cash-in-lieu required) for a development on RM5 zoned land fronting onto Ellis Street. Two neighboring lots may potentially be available as well, which would bring the total lot size to 0.423 acres. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold