Exceptional multi-family investment opportunity in the heart of downtown Penticton. This 12-unit apartment building offers a well-balanced suite mix consisting of 3 bachelor units, 1 bachelor plus den, and 8 one-bedroom units—appealing to a broad tenant demographic. The property benefits from long-term tenancy and consistent income performance, with a current CAP rate of 5.02%. A roof replacement completed in 2021 enhances the building’s overall stability and reduces near-term capital expenditure risk. Strategically located within walking distance to Okanagan Beach, the downtown core, restaurants, pubs, and the South Okanagan Events Centre, this asset sits in a highly desirable rental corridor with strong, sustained demand. An excellent holding property with stable cash flow and future rental upside potential in one of Penticton’s most walkable and vibrant neighbourhoods. Contact the listing representative for a detailed financial package and additional due diligence information. (id:61463)
Best location in the building! Welcome to easy living in this bright, move-in ready condo located in Phase 2 of Athens Creek Towers—perfectly positioned on the 7th floor as a NW CORNER unit with incredible views. Whether you're downsizing or looking for a low-maintenance lifestyle, this home has it all! This 2 bedroom, 2 bathroom unit offers a smart open layout with large windows wrapping around the living space for natural light all day, and a gas fireplace you can enjoy from the kitchen, dining, and living areas. The spacious patio expands your living space even further. The kitchen has plenty of cabinetry and a large island with bar seating. The primary bedroom includes a walk-in closet and ensuite with a walk-in shower, while the second bedroom is perfect for guests, hobbies, or a home office. There's also ample in-unit storage to keep everything tidy, while also having a designated secured storage locker underground as well. Step outside and you’re literally across the street from Cherry Lane Mall, Save-On-Foods, London Drugs, banks, pharmacies, a walk-in clinic, and Lions Park. Pet-friendly building allows 2 pets (dogs or cats). Great amenities like a fitness room, library, and regular social events. Quick possession possible! (id:61463)
Welcome to a rare investment opportunity in the heart of beautiful downtown Penticton. This well-maintained 11-unit apartment building sits on three separate titles and offers a strong, diversified unit mix: 7 one-bedroom suites, 3 two-bedroom suites, and 1 studio apartment. Currently generating a 4.71% cap rate, this property provides immediate, stable returns with future upside potential. A major highlight of this offering is the 2.7% assumable CMHC-insured mortgage (OAC) — an exceptional financing opportunity in today’s market that significantly enhances cash flow and overall return on investment. Each unit features its own private deck or patio—perfect for enjoying the renowned Okanagan weather. The building has seen numerous updates over the years, including a new roof in 2019. All suites are equipped with newer hot water tanks, air conditioning, and individual electric meters, with tenants paying their own hydro—helping to keep operating costs in check. Additional highlights include convenient coin-operated laundry and the benefit of a long-term live-in caretaker who manages the day-to-day operations, making this a truly turnkey investment. With stable, long-term tenants in place and rents currently below market value, this very clean and easy-to-manage property offers solid cash flow today and excellent upside potential for investors looking to expand their portfolio in one of Penticton’s most desirable locations. (id:61463)
Positioned directly across from Okanagan Lake and Beach Park in the highly sought-after and magical Lower Summerland, this gently sloping lot offers a rare opportunity to build your dream home or seasonal Okanagan retreat. With stunning lake views and direct beach access, the property measures approximately 25 ft by 114 ft (0.65 acres), providing ample space for a contemporary home of 2,400+ sq. ft. Alley access allows flexibility for parking and a garage, while a garage at the front of the property is also approved, this area has potential for a self-contained suite with guest parking for VRBO or long-term rental. The neighboring home on a similarly sized lot demonstrates the potential of this exceptional location. The adjacent lot is also available, offered only as a package with this property. Buyers are advised to verify suite potential, allowable building footprint and suggested design concepts in this write up. (id:61463)
Experience modern Okanagan living in Somerset Heights, Peachland—where top-tier construction, upscale finishes and a West Coast architectural influence meet unparalleled views of Okanagan Lake. This meticulously built townhome is the largest walkout floor plan in the development and benefits from its corner unit location, offering additional windows and enhanced privacy. A private elevator provides effortless access to all floors, suiting a range of lifestyles and age groups. The main floor features a timeless and stunning kitchen with premium appliances, custom cabinetry, and a spacious island. The living and dining area is highlighted by an elegant gas fireplace and a balcony with a barbecue gas hookup while the floor-to-ceiling windows create the sensation of floating above the lake. A dedicated level offers two generous bedrooms and a beautifully appointed 4-piece bathroom for family and guests. The primary suite has its own floor, complete with a walk-in closet, laundry room, and a spa-inspired ensuite with heated floors, soaker tub, and custom tile shower. Above the main floor is a large family/flex room that accesses the crown jewel of the home—a private rooftop patio oasis with a built-in kitchen, tiled flooring, and electric louvered roof, all framed by spectacular lake views. Whether a full-time home or retreat, this residence blends luxury, comfort, and proximity to an abundance of Okanagan amenities and activities. (id:61463)
A rare and exciting opportunity to acquire two lots in the highly sought-after Lower Summerland area—directly across from Okanagan Lake and a municipal beach park, and just a short walk to the Summerland Waterfront Resort and Hotel. This prime, level property with additional access off an alley offers a range of development options, with zoning in place to accommodate one or two single-family homes, or a duplex, each with the option for a separate legal suite. Significant time and investment have already been made by the current owners to obtain zoning approvals and remove the previous home from the site. Conceptual renderings for 2 styles of duplexes are included in the listing photos, and a detailed information package is available upon request. (id:61463)
The Outlook Naramata Benchlands offers an incredible opportunity to build your dream home with stunning panoramic views of Okanagan Lake & the valley. This building lot is specifically positioned for a walk-out rancher, allowing you to take full advantage of the picturesque surroundings. Choose your own builder, but if you need some inspiration, there are concept drawings available for a well-thought-out 2,700 sq.ft. Bungalow plan. This plan maximizes the breathtaking views from the terrace and patio, providing you with an amazing space to enjoy the beauty of the area. All essential services are conveniently located at the lot line. Additionally, there is a community septic system to connect to, ensuring proper waste management. The location of this building lot is exceptional, as it is adjacent to the KVR Trail, offering easy access to hiking and biking trails, perfect for outdoor enthusiasts. Moreover, the area boasts world-class wineries, allowing you to indulge in the region's renowned wine culture. Naramata Village is just below the Benchlands, offering various amenities such as stunning beaches, large parks, an elementary school, summer markets, and much more. BONUS GST has already been paid on this land, potentially saving you thousands of dollars in additional costs. Create your dream home in a breathtaking location with access to numerous amenities & outdoor activities. Lot line measurements are approximate and should be verified by buyer if deemed important. (id:61463)
Imagine waking up, grabbing a coffee, and being on Skaha Beach in under a minute. No packing the car. No fighting for parking. Just sand, water, and sunshine. That’s the lifestyle at 335 Sudbury. Tucked away on a quiet, private no-through street, this well-cared-for home offers three bedrooms and two bathrooms in a layout that simply makes sense. Downstairs you’ll find two bedrooms, a full four-piece bathroom, laundry, and a 19 by 11 garage. Upstairs is bright and open, with the kitchen, dining, and living space coming together, lake views, and a deck that’s perfect for winding down with a glass of wine as the sun sets. The low-maintenance yard gives you more time to enjoy what really matters. Spend your days swimming, paddle boarding, kitesurfing, or just relaxing on the beach — all just steps from your door. It also makes this a fantastic option for a vacation home or rental income. If you’ve been dreaming about a true beach lifestyle in the Okanagan, this is one you don’t want to miss. Call today to book your private showing. (id:61463)
Welcome to The Ridge, one of Penticton’s most sought after neighborhoods, known for its modern homes, peaceful setting, and incredible views. This brand new home offers a thoughtful layout with main floor living, a double car garage, and a legal 2 bedroom suite, perfect for extended family or as a mortgage helper. The main home features 4 bedrooms and 2 bathrooms (2 bedrooms on the main floor and 2 bedrooms down), along with bright open concept living, large windows, and seamless access to a spacious deck where you can take in the lake and mountain views and enjoy those famous Okanagan sunsets. The kitchen is finished with sleek cabinetry, stainless steel appliances, and a functional layout designed for everyday living and entertaining. The primary suite is a relaxing retreat with a gas fireplace, beautiful ensuite and generous closet space. Laundry is conveniently located on the main level. Downstairs, the main home continues with two additional spacious bedrooms, and a full bathroom. The legal 2 bedroom suite is accessed from the outside, offering excellent privacy for tenants or family, plus it also enjoys beautiful views. 2/5/10 New Home Warranty included. (id:61463)
Phase 1 – Last Remaining Unit in Building. Don’t miss your opportunity to own the final available condo in Brightwater (Phase 1), Osoyoos’s newest condominium community, perfectly located just steps from Osoyoos Lake. This corner two-bedroom, two-bath residence offers beautiful mountain, city and lake views, along with a bright, open-concept layout designed to maximize natural light. Expansive windows, patio doors, and modern colour palettes create an airy, welcoming living space, while triple-pane windows and superior insulation provide year-round comfort and energy efficiency. The unit includes a secure indoor heated 22-ft parking stall, an additional open parking space, and an RV parking spot. Residents also enjoy convenient access to the building’s main-floor amenities, including a bike room, fitness room, and meeting space. Step outside to the generous balcony featuring a natural gas hookup and easy access to both storage rooms—perfect for enjoying Osoyoos’s sunny lifestyle. (id:61463)
Unique and flexible lease opportunity offering approximately 975 sq. ft., ideal for office, retail, or showroom use. Located in a like-new, high-quality building with excellent street exposure, close to Main Street in Oliver, BC, and surrounded by local amenities. Enjoy easy access and abundant parking for customers and staff. The functional layout features a spacious open-concept area with a custom reception desk, two offices or flex rooms, a wheelchair-accessible washroom, and dedicated storage. The interior has been meticulously finished and maintained and is presented in near-new condition. Long-term leases are welcome. (id:61463)
This bright and well-maintained 2-bedroom, 2-bathroom corner unit condo is perfectly situated within the building and just a short, easy walk to Penticton’s vibrant downtown and amenities. The home offers a practical kitchen, a generous dining and living area, and two decks—both are covered, and the large deck spans approximately 200 sq ft, creating a pleasant and functional outdoor retreat. The spacious primary bedroom has a separate door onto the main deck and features a large closet and a 3-piece ensuite with a walk-in shower. The roomy second bedroom and a dedicated laundry room add extra convenience. This 55+ complex also includes a social room and a dedicated storage locker for your use. The professionally managed strata and pride of ownership ensure a safe transition to your new home. No pets are permitted. Take the virtual tour online and schedule your private viewing today. (id:61463)
