Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
2 Baths

C$1,399,999

737 Ontario Street, Penticton British Columbia, V2A4S4

Built in1969
Property typeOther
Courtesy of Gary Jenkins with Canada Flex Realty Group

Overview

Active

Listed Sep 10, 2026

Updated 2 days ago

INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:41202)

Additional information

MLS® ID
10400051

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,538
Tax Frequency
Annually

Courtesy of Gary Jenkins with Canada Flex Realty Group

The trademarks MLS®, REALTOR®, and the associated logos are owned or controlled by The Canadian Real Estate Association. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

©2026 Canadian Real Estate Association.  All rights reserved.

 

Powered by Luxury Presence