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1027 Government Street

$ 625,000 | 3 Beds | 1 Baths | 1,663  Sq.Ft.
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1027 Government Street

MLS #10366274

Property Description

Welcome to 1027 Government Street combining timeless character with modern updates plus immediate value and future potential. The home features restored antique wood windows, fresh paint, updated lighting, new blinds in the two main bedrooms and dining room. These touches highlight its inviting charm, while behind the scenes important upgrades have been completed: removal of knob-and-tube wiring, upgraded breaker panel, plumbing improvements, and preparations for a basement bathroom and main-level toilet addition. A new bedroom ceiling fan, furnace blower motor, duct cleaning (May 2025), and maintenance—including replaced deck steps, gutter cleaning, and new lilac and hydrangea plantings—add both comfort and curb appeal. Beyond the home itself, the true upside lies in the property. This flat, .18-acre lot is in a prime central Penticton location, within walking distance to schools, shops, the hospital, and amenities. With new multi-unit zoning in place and positioned for higher-density redevelopment (buyer to confirm with the City), the site offers excellent potential for a multi-unit build, duplex, or infill project. Property boundary lines shown are approximate and for illustrative purposes only. They are not to be relied upon for purchase decisions. Buyers are advised to verify all details and measurements through independent investigation and professional surveys. (id:47466)

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Price:$625,000
MLS® Number:10366274
Full Address:1027 Government Street, Penticton, British Columbia, V2A4T9
Built In:1938
List Date:October 20th, 2025
Lot Size:0.1.00080 ac|under 1 acre

Property Specifications

Bedrooms:3
Bathrooms:1
Basement Type:Full
Air Conditioning:Central air conditioning

Interior Features

Storeys:1.5
Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Total Finished Area:1663 sqft
Roof:Asphalt shingle
Zoning:Unknown
Exterior:Stucco

Building Features

Square Footage:1663 sqft

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Agent: Callan Power | Office: Summerland Realty Ltd.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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