Development Lot Foreclosure

For sale by court order. Sold as-is, where-is. Presenting a compelling infill development opportunity in a highly convenient South Penticton location. This approximately 13,950 square foot (0.32 acre) site is zoned RM2 Low Density Multiple Housing and was previously rezoned to facilitate a three-storey, six-unit townhouse concept. Directly across from a park and minutes from Cherry Lane Shopping Centre, the property offers future residents walkable access to shopping, services, public transit and everyday conveniences. A public pathway bordering the site connects to the community garden and Baskin Park, with Lions Park also nearby. An increasingly rare opportunity to deliver much-needed housing in an established, centrally located neighbourhood. All development potential is subject to independent verification and municipal approval. All offers are subject to approval by the Supreme Court of British Columbia. Sold as-is, Where-is.