Area: British Columbia
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Exceptional development opportunity at 334 Rigsby Street, ideally situated near downtown Penticton in a rapidly evolving neighbourhood. This expansive RM2-zoned property measures over 15,000 sq. ft.—approximately 96 feet wide by 157 feet deep—and offers convenient rear-lane access. RM2 zoning supports low-density multi-family development, including apartments, townhomes and cluster housing up to three storeys, subject to City approvals. With only one existing home to remove, the property presents a strong foundation for a thoughtfully designed residential project. Enjoy a central location close to Okanagan Lake, beaches, downtown shopping and dining, local breweries, schools, parks, transit and recreational facilities. A rare opportunity to secure a substantial development parcel in one of Penticton’s growing neighbourhoods. All measurements are approximate. Buyers should independently confirm zoning, permitted density, serving and development potential with the City of Penticton. (id:44056)

Property Details

Full Address:
334/342/350 Rigsby Street, Penticton, British Columbia
Price:
$ 1,399,000
MLS Number:
10396030
List Date:
August 6th, 2026
Neighbourhood:
Main North
Lot Size:
0.35 ac
Year Built:
1900
Taxes:
$ 5,583

Interior Features

Bedrooms:
2
Bathrooms:
2
Heating:
Forced air

Building Features

Architectural Style:
Bungalow
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Street
Ownership Type:
Freehold
Taxes:
$ 5,583

Floors

Finished Area:
837 sq.ft.

Land

Lot Size:
0.35 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Jesse Chapman
Royal LePage Locations West
Co-Listing: Danielle Chapman
Royal LePage Locations West

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