425 Douglas Ave, Penticton, BC
.22 acre, 70x136 lot with lane. City supports variance to subdivide to two 35x136 lots, either to 2 duplex lots, or 2 houses with either a suite or a carriage house. 6 month process, approx. $50, 000 cost to subdivide the lot and demolish the house. You decide on the zoning. End result is two lots worth $300, 000 each. You have the budget here to cover the process with city hall. This is not a representation, buyer will have to satisfy himself, though the city has allowed this exact subdivision in the neighbourhood. 1100 sq ft, 3 bed rancher has wood floors, gas fireplace, and a big kitchen with eating area. Property has been well cared for, and is move in condition for even a fussy owner-occupier. Garage and carport off lane. Currently rented $1750, tenant pays utilities, notice required/no exceptions. Will be vacant may 1. Rentable in the $2000/range. No long conditional offers, looking for a quick close. Central area, with lots of great projects on the go.
Listing Details
425 Douglas Ave, Penticton, British Columbia, V2A2V1
House
Detached
70 X 136
1
3
Forced Air / Natural Gas
Crawl Space
165915
Stucco
1
Municipal Water
Recreation, Public Transit, Golf Course
Parking Space(S), Open
Central Location, See Remarks, Flat Site
House for sale in Penticton located in 425 Douglas Ave , British Columbia , V2A2V1 , Canada. This House have 3 bedrooms and 1 bathrooms. This property listing building style is Detached . For all the rest of the information we have about this property in Penticton , see above.