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$750,000

3 Beds

2 Baths

1406 FEETSQ

Penticton BC, V2A 5N1

MLS® # 10357706

Property Information:

This 1923 character home sits on a rare lot-and-a-half with two titles (601 & 609 Winnipeg Street), offering a prime opportunity in the heart of downtown Penticton. The home has been fully gutted and is ready for restoration or redevelopment. Original architectural features like the rooflines, gable ends, front porch with pillars, and some original flooring reflect the charm of its era. Recent updates include newer oak flooring in the living room, dining room, and bedrooms. A full-size 6'6" cellar adds functional space and storage. The fenced yard features mature trees, a variety of plantings, and ample room for a lap pool or large garage off the alley. With road access on two sides and a rear alley, the lot layout lends itself well to higher-density use. Zoned R4-S (Residential Duplex Housing: Lane Oriented), with RM3 zoning nearby, this property offers strong development potential. The existing main floor could be readily converted into a front-and-back duplex. Lowering the basement floor by 6 to 12 inches would allow for the addition of two more units, creating a potential 4-plex configuration. Buyers considering development are encouraged to consult with the City of Penticton to explore possibilities. Contact listing agent for a full information package.

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Annual Tax Amount: $2,712
  • Architectural Style: Bungalow
  • Built in: 1923
  • Cooling: None
  • Floor Space (approx): 1406 Square Feet
  • Heating: None
  • Lot Size: 0.25 Acres
  • Parking Features: Open
  • Water Source: Public
  • Sewer: Public Sewer

Rooms:

  • Bedroom Main Level 3.56 m x 3.35 m
  • Bedroom Main Level 3.22 m x 2.21 m
  • Living Main Level 4.88 m x 5.18 m
  • Bathroom Main Level .00 m x .00 m
  • Other Main Level 2.74 m x 1.98 m
  • Kitchen Main Level 3.35 m x 3.56 m
  • Ensuite Bathroom Main Level .00 m x .00 m
  • Laundry Main Level 2.80 m x 1.98 m
  • Primary Bedroom Main Level 3.35 m x 3.66 m
  • Dining Main Level 3.20 m x 5.00 m

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Location of 601 Winnipeg Street, Penticton, BC, V2A 5N1

Demographic Information of 601 Winnipeg Street, Penticton, BC, V2A 5N1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$90,662.44

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.41 %

High school certificate or equivalent

32.6 %

Apprenticeship trade certificate/diploma

9.87 %

College/non-university certificate

24.15 %

University certificate (below bachelor)

0.19 %

University Degree

14.77 %

Commuter

Travel To Work

By Car

71.17 %

By Public Transit

1.92 %

By Walking

21.03 %

By Bicycle

1.99 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.28 %

Houses

35.72 %

Own Vs. Rent