PENTICTON

Penticton is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Penticton has become a popular destination for both tourists and residents.

The real estate market in Penticton has been steady and offers a mix of single-family homes, townhouses, and condos available. Prices are relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The town also boasts a great downtown area with many shops and restaurants. It is surrounded by several wineries that offer tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Apex Mountain Resort. Penticton is also host to the famous "Ironman" triathlon and the Peach Festival, held annually in August.

Description

Investment chance in Penticton with 8 units! Comprising of two 2018-built four-plexes, each includes two duplexes with legal suites. Each four-plex offers two units of 2-bed/2-bath and two of 1-bed/1-bath, all with in-suite laundry and individual metering. Built with modern designs, custom cabinetry, and energy-efficient heat pumps. Centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, including designated parking. Penticton's low vacancy rates promise a strong CAP rate. Ideal for solo investors, partnerships, or residing in one unit while renting the others. Potential to generate gross monthly rents exceeding $14,000.00. (id:2469)

Features

Level lot

Amenities

Airport, Recreation, Schools, Shopping

Listing Provided By

Royal LePage Northstar Realty (S. Surrey)

Neighborhood Info

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.21 ac|under 1 acre
Taxes
N/A
Type
Multi-Family
Style
N/A
Basement
Year Built
2018
Real Estate Listing
Provided by:
  • #101-3115 Skaha Lake Rd
  • Penticton, BC
  • V2A6G5