Area: British Columbia
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ATTENTION DEVELOPERS. 1027 Government is an exceptional opportunity to acquire a .18-acre developable lot in a prime, central location within walking distance to to schools, shops, hospital and many core amenities. Take advantage of Penticton’s accelerating real estate growth with this prime investment opportunity, now benefiting from new multi-unit zoning and positioned for future higher-density development (buyer to conduct due diligence with City). Flat, accessible, and ideally located, it presents opportunities for a multi-unit build, duplex, or infill development, while the existing character home offers significant holding income or renovation potential. Mature landscaping, and ample parking make this a versatile and strategic investment in a rapidly evolving neighbourhood. Whether you’re a developer, investor, or forward-thinking buyer, this is a property with serious upside. **Property boundary lines shown are approximate and for illustrative purposes only. They are not to be relied upon for purchase decisions. Buyers are advised to verify all property details through independent investigation and professional surveys. (id:44056)

Property Details

Full Address:
1027 Government Street, Penticton, British Columbia
Price:
$ 699,000
MLS Number:
10356138
List Date:
July 21st, 2025
Lot Size:
0.18 ac
Year Built:
1938
Taxes:
$ 4,200

Interior Features

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Basement:
Full

Building Features

Architectural Style:
Ranch
Storeys:
1.5
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Other, Additional Parking
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 4,200

Floors

Finished Area:
1704 sq.ft.

Land

Lot Size:
0.18 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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