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303 NANAIMO Avenue, Penticton, BC, V2A 1N8

MLS® # 10303526
Vacant Land For Sale In Penticton, British Columbia
$699,000
303 Nanaimo Avenue, Penticton, BC - Outdoor
303 Nanaimo Avenue, Penticton, BC - Outdoor
303 Nanaimo Avenue, Penticton, BC - Outdoor With View
303 Nanaimo Avenue, Penticton, BC - Outdoor
303 Nanaimo Avenue, Penticton, BC - Other
303 Nanaimo Avenue, Penticton, BC  - Outdoor
303 Nanaimo Avenue, Penticton, BC  - Outdoor
303 Nanaimo Avenue, Penticton, BC  - Outdoor With View
303 Nanaimo Avenue, Penticton, BC  - Outdoor
303 Nanaimo Avenue, Penticton, BC - Other
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ACTIVE
303 NANAIMO Avenue, Penticton, BC, V2A 1N8
$699,000

Property Information:

Opportunity knocking! RM3 zoning. Bare land corner lot, house has been removed, building site ready to go. Corner lot is approx 55 feet frontage on Nanaimo Avenue plus 125 feet frontage on Brunswick Street, with lane access off Brunswick. Pancake flat lot on two quiet, no through roads, just a short walk to Lake Okanagan, Farmers' Market, all of downtown, several brew pubs, and walkable to South Okanagan Events Centre. Hospital is only a 5 minute drive away. All services and utilities are available at this downtown location. Development Variance Permit is in place, with side yard relaxations, valid until August 2024. Plans included for 4 three level townhomes with rooftop decks. It may be possible to add some lower suites if city relaxes further, the issue would mostly be parking. The city and the province want densification on new builds, our new reality in a housing crunch. This is a primo site in the heart of the action. Package available.

Property Features:

  • Annual Tax Amount: $2,750
  • Community Features: Recreation Area, Shopping
  • Lot Size: 0.16 Acres
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Waterfront Features: None
  • Sewer: Public Sewer

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Location of 303 NANAIMO Avenue, Penticton, BC, V2A 1N8

Demographic Information of 303 NANAIMO Avenue, Penticton, BC, V2A 1N8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$80,378.48

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.07 %

High school certificate or equivalent

38.94 %

Apprenticeship trade certificate/diploma

6.9 %

College/non-university certificate

22.69 %

University certificate (below bachelor)

0.27 %

University Degree

13.14 %

Commuter

Travel To Work

By Car

72.74 %

By Public Transit

3.55 %

By Walking

14.87 %

By Bicycle

3.44 %

By Other Methods

5.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.8 %

Houses

59.2 %

Own Vs. Rent