For Sale · Land

1129 Antler Drive, Penticton

1129 Antler Drive, Penticton, BC V2A0J8

$345,000 total

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Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

99%

Lot Size

0.15 ac

About this property

Build your dream home at The Ridge in beautiful Penticton! This prime 6,375-sq-ft building lot is steps from tennis courts and a kids' playground, boasting panoramic valley views of pristine parks, majestic mountains, and lush forest greenery. All utilities are at the lot line and ready for construction. Flexibility is key here—bring your own builder, design with the current owner, or have him build to suit! Plus, zoning allows for a secondary suite, offering ideal potential for vacation rental income or an in-law suite. Don't miss this opportunity to own in one of BC's premier locations, offering world-class wine, dining, craft breweries, and four-season outdoor recreation. Whether you're seeking a peaceful retreat or a savvy investment, this Penticton lot delivers! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$345K
Down payment30% · $104K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-83

Cash-on-cash

-0.08%

DSCR

1.00

Going-in cap

5.52%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

121,074

Households

43,608

Median income

$70,500

Median age

40.4

Daytime population

190,374

5-yr growth

2.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1129 Antler Drive, Penticton.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.