Description

730 Eckhardt Avenue presents an excellent opportunity for a multi-family development project in a highly sought-after, unique location beside Penticton Creek and city-owned greenspace. The property is ideally situated within a short walking distance from downtown Penticton. The lot size is just over a quarter-acre, and it aligns with the Penticton Official Community Plan, currently supporting up to 4 sizable units. With an Official Community Plan Amendment, which has been supported on other recent projects, the potential expands to accommodate higher density. The upcoming government legislation, effective in June, will streamline infill development processes, offering a significant advantage in time and costs. Included on the property is a tidy 1450 sq ft rancher home currently under lease, along with a detached shop. This offering is focused on its development potential, and viewings of the home are available on weekends only, requiring a 48-hour notice. (id:6770)