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655 Ellis Street

$1,199,000

Well located multi-family development site in downtown Penticton. One block off Main Street and steps from Penticton Secondary School. Penticton's new zoning bylaw, adopted June 18th, 2024, permits under the RM5 zoning up to 4 storeys and a FAR of 2.0 (up to 18,469 sf of developed, above ground area). The most significant change in the new zoning bylaw is the elimination of any on-site parking stalls required (nor cash-in-lieu required) for a development on RM5 zoned land fronting onto Ellis Street. Two neighboring lots may potentially be available as well, which would bring the total lot size to 0.423 acres. (id:59060)

Property Details

MLS® Number

10319703

Neigbourhood

Main North

RoadType

Paved Road

Building

Type

Other

UtilityWater

Municipal Water

Land

Acreage

No

Sewer

Municipal Sewage System

SizeIrregular

0.21

SizeTotal

0.21 Ac|under 1 Acre

SizeTotalText

0.21 Ac|under 1 Acre

ZoningType

Unknown

Utilities

Electricity

Available

Natural Gas

Available

Sewer

Available

Water

Available

Interested?

Contact us for more information

Kyle photo 250.300.9234 kyle@pruskyproperties.com

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