Description

A rare development opportunity in a highly convenient Penticton location, 794 Kamloops Avenue offers a generous 88' frontage along Oakville Street and 60' along Kamloops Avenue, directly adjacent to the Penticton Golf & Country Club. Enjoy beautiful views overlooking the golf course and a location that puts many of Pentictona??s amenities, recreation and entertainment options just minutes away. The property is currently zoned RM2 a?? Low Density Multiple Housing, providing opportunities for apartment, cluster and congregate housing, as well as townhome development. With the former home demolished and larger trees removed, the site is ready for a new vision. Electric, gas, water, septic and cable/internet services are available at the lot line, offering a strong starting point for development. The location is ideally positioned near the South Okanagan Events Centre, Cascades Casino, Penticton Community Centre, Memorial Park, Queena??s Park Elementary School, Kings Park soccer fields and the Sportsplex. Whether you're looking to create a rental development, build market housing for sale, or explore the potential for a smaller single-family development through rezoning, this property presents an exciting opportunity in an established Penticton neighbourhood. Buyer to verify zoning, development potential, servicing and all measurements with the City of Penticton. Property survey on file.