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.



