For Sale · Land

2922 Partridge Drive, Penticton

2922 Partridge Drive, Penticton, BC V2A9E7

$289,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

99%

Lot Size

0.17 ac

About this property

Located in the highly sought-after Wiltse neighbourhood, this prime building lot offers the perfect blend of lifestyle and convenience. Just minutes to Wiltse Elementary School, parks, and everyday amenities, while backing directly onto scenic hiking and mountain biking trails. Enjoy a peaceful, upscale setting with nature at your doorstep—yet only a short 2-minute drive to the heart of town. This generous 133 x 56 ft (7,405 sq ft) lot provides an excellent footprint to build your dream home. Zoning allows for up to 11.0m in height (approximately 3 storeys), creating the opportunity to capture beautiful city and lake views. There is also potential to incorporate a legal secondary suite, adding flexibility for extended family or additional income. A rare opportunity to secure a premium lot in one of Penticton’s most desirable neighbourhoods—build your vision and enjoy the Okanagan lifestyle to its fullest. (id:66811)

Financial sandbox

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Estimate
Purchase price$290K
Down payment30% · $87K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$-1K

Cash-on-cash

-1.59%

DSCR

0.91

Going-in cap

5.06%

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

58,575

Households

20,583

Median income

$84,500

Median age

41.1

Daytime population

53,296

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 2922 Partridge 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.