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285 Waterford Avenue, Penticton, British Columbia, V2A 6V5

MLS® # 10325345
House For Sale In Penticton, British Columbia
$695,000 QuickQuoteTM: $562K - $712K

4 Beds

1 Bath

285 Waterford Avenue, Penticton, BC -
285 Waterford Avenue, Penticton, BC - Outdoor With View
285 Waterford Avenue, Penticton, BC - Outdoor With View
285 Waterford Avenue, Penticton, BC - Outdoor With Body Of Water With View
285 Waterford Avenue, Penticton, BC  -
285 Waterford Avenue, Penticton, BC  - Outdoor With View
285 Waterford Avenue, Penticton, BC  - Outdoor With View
285 Waterford Avenue, Penticton, BC  - Outdoor With Body Of Water With View
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285 Waterford Avenue, Penticton, British Columbia, V2A 6V5
$695,000

4 Beds

1 Bath

Property Information:

This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Construction Style - Attachment: Detached
  • Exterior Finish: Wood siding
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 1
  • Amenities Nearby: Public Transit, Airport, Recreation, Schools, Shopping
  • Built in: 1956
  • Features: Level lot
  • Landscape Features:
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Other, RV

Rooms:

  • Kitchen Main Level 15'0'' x 10'0''
  • Primary Bedroom Main Level 13'7'' x 12'8''
  • Bedroom Main Level 10'4'' x 10'3''
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level 10'0'' x 6'6''
  • Bedroom Main Level 13'0'' x 10'3''
  • Living Main Level 16'0'' x 14'0''
  • Dining Main Level 14'0'' x 9'0''

Courtesy of: RE/MAX Penticton Realty

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Location of 285 Waterford Avenue, Penticton, British Columbia, V2A 6V5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 285 Waterford Avenue , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 285 Waterford Avenue , experiences 11 significant 2-day storms per year, with about 134.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 146.4mm of precipitation per year.

Precipitation Per Storm

Past
134.3mm
2050
146.4mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 285 Waterford Avenue, Penticton, British Columbia, V2A 6V5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$84,332.16

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.39 %

High school certificate or equivalent

39.34 %

Apprenticeship trade certificate/diploma

10.62 %

College/non-university certificate

17.99 %

University certificate (below bachelor)

0.6 %

University Degree

11.06 %

Commuter

Travel To Work

By Car

85.11 %

By Public Transit

1.25 %

By Walking

8.91 %

By Bicycle

0.29 %

By Other Methods

4.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.52 %

Houses

62.48 %

Own Vs. Rent