Exceptional development opportunity at 334 Rigsby Street, ideally situated near downtown Penticton in a rapidly evolving neighbourhood. This expansive RM2-zoned property measures over 15,000 sq. ft.—approximately 96 feet wide by 157 feet deep—and offers convenient rear-lane access. RM2 zoning supports low-density multi-family development, including apartments, townhomes and cluster housing up to three storeys, subject to City approvals. With only one existing home to remove, the property presents a strong foundation for a thoughtfully designed residential project. Enjoy a central location close to Okanagan Lake, beaches, downtown shopping and dining, local breweries, schools, parks, transit and recreational facilities. A rare opportunity to secure a substantial development parcel in one of Penticton’s growing neighbourhoods. All measurements are approximate. Buyers should independently confirm zoning, permitted density, serving and development potential with the City of Penticton. (id:4069)
Address
334/342/350 Rigsby Street
List Price
$1,399,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Bedrooms
1
Bathrooms
1
Floor Area
837 Sq. Ft.
Lot Size
0.35 Sq. Ft.
Year Built
1900
MLS® Number
10396030
Listing Brokerage
Royal LePage Locations West
Postal Code
V2A5S7
Ownership
Freehold
Heat Type
Forced air
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Municipal sewage system
