Makan Emami · REALTOR® Angell, Hasman & Associates Realty Ltd.

Penticton

156 Nanaimo Avenue E

Penticton, British Columbia, V2A1M4

Makan Estates · Property search

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Multi-Family

Offered at

$1,295,000

Living area
5,196 sq. ft.

MLS® 10402298

Listed by eXp Realty

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Call Makan: 604.518.5517

The property

About this property.

Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with significant long-term upside. The suite mix includes one 2-bedroom, five 1-bedroom units and one studio. Five units are currently tenanted with two vacant, providing a purchaser the opportunity to establish new tenancies and rents. Tenants pay their own electricity, while heat is supplied by a central boiler system and included in rent. Additional features include 400-amp electrical service and coin laundry. The property is C5 zoned and consists of two separate titles with lane access. The C5-zoned vacant lot directly behind the building at 313 Van Horne Street is also available separately, creating an interesting opportunity for investors considering the longer-term potential of the site. Buyers to verify development possibilities with the City of Penticton. (id:67648)

The particulars

Property details.

Details below are supplied by the listing feed. Confirm measurements, rights, fees and taxes for the particular property.

Property and layout
Property type
Multi-family
Structure
Multi-Family
Year built
1940
Storeys
3
Attachment
Attached
Living area
5,196 sq. ft.
Ownership and costs
Ownership
Freehold
Annual property tax
$7,429.02 (tax year not supplied)
Land and parking
Lot area
0.18 acres
Lot dimensions, as supplied
0.18
Parking
Street
Lot features
Level lot, Corner Site
Comfort and construction
Heating
Radiant heat, See remarks
Fireplace
No
Setting and services
Water supply
Municipal water
Sewer
Municipal sewage system
Location details
Area
Main North
City
Penticton
Province
British Columbia
Postal code
V2A1M4

The setting

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the location.

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Source record updated 2 Oct 2026, 23:30 UTC.

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