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Home BC Greater Penticton Penticton
535/549 WADE Avenue
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535/549 WADE Avenue $3,350,000
$3,350,000
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535/549 WADE Avenue
Penticton, British Columbia V2A1V6

MLS® Number: 10323584

Listing Description

Developers Multifamily Dream Lot! Located at the corner of Wade Ave W and Rigsby Street in the heart of Penticton’s north end, these 3 separately titled lots are a short walk from Okanagan Lake Beach. Zoning of RM3 allows for High Density Residential Development with a FAR of 1.6 that allows up to 47,300 SQFT +/- of developable floor area with a building height of up to 6 stories. This is the largest vacant parcel available and ready for development, with close proximity to Okanagan Lake. The sale includes the three individually titled lots of 393 Rigsby St, 535 Wade Ave W and 549 Wade Ave W. Lots are being sold as a package only. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (37702660)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Main North
Title
Freehold
Land Size
0.68 ac|under 1 acre
Annual Property Taxes
$12,330.28
Time on REALTOR.ca
28 days

Price and Sale History

Date Status Price
May 19, 2020 Sale Closed $1,250,000

Building

Building Features
Features
Level lot, Corner Site
Utilities
Utility Type
Cable (At Lot Line), Electricity (At Lot Line), Natural Gas (At Lot Line), Telephone (At Lot Line), Sewer (Available), Water (At Lot Line)
Utility Sewer
See remarks
Water
None
Neighbourhood Features
Amenities Nearby
Golf Nearby, Public Transit, Recreation, Schools

Land

Lot Features
Landscape Features
Level
Road Type
Paved road
Other Property Information
Access
Easy access
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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