PRIME LUXURY TOWNHOME DEVELOPMENT OPPORTUNITY’. For sale is one of the last high density development sites in the desirable south end of Penticton close to Skaha Lake Beach and Park. This property measures approximately 120 feet x 164 feet, 0.455 acres. This property is RM3 zoned, Medium Density Multiple Housing, suitable for higher density development such as townhouse units and multifamily building. The current owner is preparing an application to the City of Penticton for a Minor Development Permit for the attached 12 townhome development design. Contact listing representative for Conceptual Design Package proposed for 222 Lee Avenue.