440 Westminster Avenue W - Photo 1 of 15, Penticton, British Columbia
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$550,000

440 Westminster Avenue W — Penticton, British Columbia

V2A1K5

eXp Realty

About This Property

In the heart of town, opportunity knocks. This large, RM2-zoned double lot offers exceptional potential for homeowners, investors, and developers alike. Located just steps from the beach, shopping, restaurants, and everyday amenities, the value here extends well beyond the existing home. The existing residence occupies one side of the property, while the second lot is ready for your vision, creating a rare opportunity to build while retaining, renovating, or reimagining the current home. Surrounded by newer homes and recent redevelopment, the property is ideally positioned for future development. RM2 zoning allows for a variety of residential possibilities, including the potential for a duplex or fourplex (buyer to verify with the municipality). Whether you're looking to renovate, invest, develop, or explore a combination of options, this property offers flexibility to match your vision. Large, centrally located development parcels are becoming increasingly difficult to find. With desirable zoning, a walkable location, a rare double lot, and multiple paths forward, this is an exceptional opportunity to secure a property with outstanding long-term potential. (id:63357)

eXp Realty

Property Location

Map

Property Details

Property Type
Detached
Half Baths
0
Status
Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Penticton Market Snapshot

527

Active Listings

$649K

Median Price

Avg Days on Market

Last updated: Jul 15, 2026

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$550,000
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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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