Area: British Columbia
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Prime Development Opportunity with a 2600+ sq/ft lot includes Two PIDs. This affordable single-family home sits on a unique wedge-shaped lot offering rare flexibility for redevelopment in one of Penticton’s most accessible locations. Just steps to elementary and high schools, sports fields, and the hospital—and within walking distance to the premium downtown amenities—this property is perfectly positioned now and for future housing projects. While you finalize plans and approvals, the existing home’s recent functional updates make it a ready-to-rent holding property, generating dependable income to offset carrying costs. Whether you choose to continue to renovate, expand, or take advantage of the lot’s shape and dual titles for a multi-unit build (with municipal approval), this is a high-potential asset. Opportunities with this combination of price, location, and development upside are few and far between! (id:44056)

Property Details

Full Address:
508 Eckhardt Avenue E, Penticton, British Columbia
Price:
$ 539,000
MLS Number:
10359586
List Date:
August 25th, 2025
Lot Size:
0.06 ac
Year Built:
1930
Taxes:
$ 2,370

Interior Features

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Flooring:
Laminate, Ceramic Tile
Heating:
Forced air, See remarks

Building Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Garage:
Stall, Street
Ownership Type:
Freehold
Taxes:
$ 2,370

Floors

Finished Area:
1203 sq.ft.

Land

Lot Size:
0.06 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Callan Power
Summerland Realty Ltd.

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