440 Westminster Avenue W Penticton, British Columbia V2A 1K5
$550,000
In the heart of town, opportunity knocks. This large, RM2-zoned double lot offers exceptional potential for homeowners, investors, and developers alike. Located just steps from the beach, shopping, restaurants, and everyday amenities, the value here extends well beyond the existing home. The existing residence occupies one side of the property, while the second lot is ready for your vision, creating a rare opportunity to build while retaining, renovating, or reimagining the current home. Surrounded by newer homes and recent redevelopment, the property is ideally positioned for future development. RM2 zoning allows for a variety of residential possibilities, including the potential for a duplex or fourplex (buyer to verify with the municipality). Whether you're looking to renovate, invest, develop, or explore a combination of options, this property offers flexibility to match your vision. Large, centrally located development parcels are becoming increasingly difficult to find. With desirable zoning, a walkable location, a rare double lot, and multiple paths forward, this is an exceptional opportunity to secure a property with outstanding long-term potential. (id:65196)
Property Details
| MLS® Number | 10394875 |
| Property Type | Vacant Land |
| Neigbourhood | Main North |
| Road Type | Paved Road |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Current Use | Development Residential |
| Fence Type | Chain Link, Fence |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
Utilities
| Cable | At Lot Line |
| Electricity | At Lot Line |
| Natural Gas | At Lot Line |
| Telephone | At Lot Line |
| Sewer | Available |
| Water | At Lot Line |
https://www.realtor.ca/real-estate/30038221/440-westminster-avenue-w-penticton-main-north
Contact Us
Contact us for more information
Tricia Radcliffe
645 Main Street
Penticton, British Columbia V2A 5C9
(833) 817-6506
(866) 263-9200
www.exprealty.ca/
Mike Wood
645 Main Street
Penticton, British Columbia V2A 5C9
(833) 817-6506
(866) 263-9200
www.exprealty.ca/
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July 15 2026 08:04:03
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