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 5.5% 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)
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)
This is a fantastic opportunity for families, multi-generational living, or buyers looking for a mortgage helper in a great Penticton neighborhood. This nicely renovated duplex features beautiful valley and city views, flexible living space, and room to enjoy the Okanagan lifestyle. The upper unit offers 3 bedrooms and 2 bathrooms with a bright, functional layout and large windows that capture views over Penticton. The lower suite features 2 bedrooms and 2 bathrooms, offering excellent flexibility for extended family, guests, or rental income potential. There is an unfinished 1,167 sq.ft. basement with walkout access to the backyard, and direct access from the lower suite. This space provides incredible storage, workshop space, or future expansion. Step outside to a backyard with exciting potential, where the in-ground pool sets the stage for a future outdoor oasis tailored to your style and vision. Additional features include hot water on demand and a brand new furnace. Located in a family-friendly area close to parks, schools, Penticton Regional Hospital, and just a short distance to shopping, restaurants, and all the amenities Penticton has to offer, this property combines flexibility, comfort, and lifestyle in one package. (id:61463)
Located in the highly sought-after Trout Creek neighbourhood, this beautifully crafted 3-bedroom, 2-bathroom home offers the perfect blend of quality, comfort, and future potential. Set on a landscaped 0.20-acre lot, this meticulously maintained property showcases exceptional finishings and thoughtful design throughout. Inside, you’ll find custom solid black walnut cabinetry, hand-scraped engineered hardwood flooring, heated tile, coffered ceilings, crown moulding, premium lighting, and stunning built-in features that elevate the home well beyond the ordinary. The gourmet kitchen is designed for both everyday living and entertaining, featuring Alaskan white granite countertops, a gas range, wall oven, beverage fridge, and abundant custom storage. The spacious main bedroom retreat includes a dedicated dressing room and convenient laundry access, creating a functional and luxurious private space. Outdoors, enjoy a beautifully landscaped yard, composite deck, and hot tub—ideal for relaxing or entertaining year-round. Adding even more value is the detached approximately 500 sq.ft. garage with services already in place for potential carriage home development, offering flexibility for future income, guests, or extended family. Positioned in one of Summerland’s most desirable communities, close to beaches, parks, schools, and amenities, this home offers a rare opportunity to own a property that combines craftsmanship, lifestyle, and long-term potential. (id:61463)
Beautifully crafted 2,298 sq. ft. custom rancher set on a private 0.60-acre lakeview retreat, showcasing panoramic views of Okanagan Lake and the surrounding valley. Thoughtfully designed with vaulted ceilings, exposed cedar beams, engineered oak flooring, and 7-zone in-floor heating throughout. The main residence offers 2 bedrooms and 2 bathrooms, including a spacious primary suite with a spa-inspired ensuite and relaxing sunken tub. A self-contained 1-bedroom suite with a private entrance, fireplace, cooktop, and laundry provides excellent flexibility for extended family, guests. Outside, you'll find ample parking for vehicles, RVs, and trailers, along with a carport, workshop, storage sheds, and a charming powered bunky, ideal as a studio, office, or guest retreat. Located just minutes from Peachland's waterfront, wineries, and hiking trails, this exceptional property offers the perfect blend of privacy, comfort, and Okanagan lifestyle. (id:61463)
Perched gracefully on the hillside, this exceptional 5 bedroom, 6 bathroom residence captures breathtaking panoramic views of the city skyline and shimmering lake below. This expansive home offers an ideal layout for multi-generational living, extended family, or a private nanny suite with flexible living spaces throughout. Step inside to discover bright, open-concept interiors framed by oversized windows that showcase the spectacular scenery from nearly every room. Multiple indoor and outdoor entertaining areas create the perfect setting for hosting family gatherings, elegant dinner parties, or simply enjoying peaceful evenings overlooking the view. The thoughtfully designed floor plan offers spacious bedrooms, beautifully appointed bathrooms, and separate living zones that provide both privacy and connection. Whether you are accommodating a growing family, welcoming guests, or seeking income potential, this home offers endless versatility. Bring your decorating ideas to update this hillside estate home to your personal design palette. (id:61463)
This home is all about Lifestyle, the Okanagan Lifestyle! This 4 bed / 3 bath beautifully updated home is quietly situated in an incredible view setting. This home has it all: amazing lake & city views, well crafted updates, remarkable outdoor living area, salt water pool & an incredible large shop or personal workout area. The main living area boasts a spacious kitchen with plenty of cabinet & counter space that is well designed for the home chef. Perfect for entertaining or watching dramatic sunrises. This Bright & open concept home has fabulous views throughout. For your Okanagan lifestyle this home has an incredible outdoor living area featuring a salt water pool, outdoor kitchen, covered seating area all taking in the view. Great for lounging & enjoying your favorite beverage! The lower area is warmed by in-floor radiant heat. Contact your realtor for a complete list of the numerous upgrades. Make this house your home today! (id:61463)
Steps from Skaha Lake Beach, this 2-bedroom plus den, 2-bathroom garden-level corner unit offers single-level living in one of Penticton's most sought-after lake-area locations. A rare find in this building, the unit features direct side-entry access, so you walk straight to your front door with no elevator, no hallways, and no hassle. Inside, the open-concept layout is bright and welcoming. The kitchen offers generous cabinetry and prep space, flowing naturally into the dining and living areas. A contemporary gas fireplace anchors the living room, which opens directly onto a large private west-facing patio ideal for evening sunsets and outdoor entertaining. The bedroom layout is well separated for privacy. The primary suite features a 5-piece ensuite and walk-in closet. The second bedroom sits on the opposite side of the home alongside a 4-piece bathroom, and the den works beautifully as a home office. In-suite laundry, a secure storage locker, and an outdoor parking stall just steps from the unit complete the package. Concrete and steel construction, no age restrictions, and two pets welcome with some restrictions. Total sq. ft. based on exterior dimensions at each floor level, including all interior walls. To be verified by buyer if deemed important. (id:61463)
No Age Restrictions! Fully renovated and move-in ready, this bright ground-floor corner unit offers stylish, low-maintenance living in a sought-after central community. Featuring 2 bedrooms and a beautifully updated bathroom with a sleek walk-in shower, quality cabinetry and quartz countertops, this home has been thoughtfully upgraded throughout for modern comfort and convenience. Recent improvements include new luxury vinyl plank flooring, some refreshed windows, hot water on demand, ductless heat pumps, and baseboard heaters for efficient year-round comfort. The beautifully updated kitchen showcases quartz countertops, brand-new stainless steel appliances, quality cabinetry with modern hardware, ceiling-height cabinets and a reverse osmosis water filtration system. The functional laundry room adds excellent everyday storage, while the cozy gas fireplace creates a warm and inviting living space. Enjoy the private patio, perfect for relaxing within this quiet, well-maintained community. Enjoy easy, stair-free living in a small self-managed strata with low fees of just $225/month. Located just steps to shopping, downtown amenities, and the recreation centre, this home also offers quick access to beaches, wineries, and golf courses, all within a 5 minute drive. Vacant and ready for quick possession, this home offers the comfort and finishings of what feels like a brand-new home, making it an exceptional opportunity for relaxed retirement living in a highly convenient location. (id:61463)
Naramata Bench Escape! Set above the Village of Naramata, surrounded by acres of conservation land, this private retreat offers 4 bedrooms, 4 bathrooms, and 3,200 sq. ft. of well-designed living space with Okanagan Lake views. The main level opens with a dramatic foyer into a sunken living room with gas fireplace and updated flooring. The kitchen delivers: wall oven, new induction cooktop, new fridge, porcelain countertops, and walk-in pantry. A second family room with fireplace connects directly to the kitchen, a layout that works for real life. Upstairs, the primary suite features a fireplace, walk-in closet, spa-inspired ensuite, and a private terrace with lake views. Two additional bedrooms each have their own bathrooms. A flexible den completes the upper floor as a bedroom, office, or creative space. Outside, a gazebo-covered patio with gas BBQ hookup, fruit trees, privacy fencing, large double garage and a seasonal creek create a true backyard retreat. The KVR trail is steps away and beaches and wineries are minutes out. Total sq. ft. based on exterior dimensions at each floor level, including all interior walls. To be verified by buyer if deemed important. (id:61463)
Design/built home under construction in Hunters Hill, Summerland BC. This home package delivers a rare combination anchored by a premium 154 ft wide lot with sweeping lake and city views. The offering includes a sprawling rancher, oversized triple garage, a 550 sq ft detached multipurpose building, and dedicated RV parking. The beautiful and modern exterior hosts three bedrooms, including a luxury primary suite with a private 5-piece ensuite — featuring a standalone tub, custom tiled shower, and a walk-in closet with millwork — with seamless access to the outdoor decks. The great room lives up to its name. Vaulted ceilings and a wall of windows frame the incredible views, enjoyed from an open, modern kitchen with a walk-in pantry, sit-up island, and generous living and dining areas warmed by a custom gas fireplace. The large covered patio expands your living space with the added privacy of no neighbor to the north. A fully built-out laundry and mudroom with cabinetry connects the garage to the home with ease. The triple car garage spans 1,000 sq ft and provides access to a 5 ft crawl space — offering excellent additional storage. The detached building will be prepped and ready to become whatever your needs call for — an art studio, toy storage, or a future carriage home. Landscaping is included for the spacious flat yard with plenty of room for a future pool. The builder is open to customization and welcomes meetings with qualified buyers. Estimated completion Fall 2026. (id:61463)
Welcome to life in the village of Naramata. Tucked away on a quiet cul-de-sac, this beautiful 3 bedroom, 3 bathroom family home offers the perfect blend of comfort, space, and Okanagan lifestyle. The main floor is bright and inviting with large windows, a spacious living room, formal dining area, and a comfortable family room that opens into the kitchen featuring new stainless steel appliances, including a gas stove. From the family room, step directly into the large, private backyard with plenty of room for kids, pets, gardening, or summer evenings outside. A laundry area, 2 piece bathroom, and access to the double garage complete the main level. Upstairs offers three generous bedrooms, including a lovely primary suite with walk-in closet and ensuite, plus a full bathroom for the additional bedrooms. Located just a short walk to Naramata Elementary, parks, beaches, Okanagan Lake, local shops, restaurants, and minutes to award winning wineries, this is a wonderful family home in one of the South Okanagan’s most charming communities. (id:61463)
GOLF GOLF GOLF - Like to golf? You've reached your destination. St Andrews, once voted the most favorite 9 hole executive golf course in the South Okanagan, its a gem!! 1954 SF home, .23 AC lot. Fully renovated home. 2bed, 2.5 bath rancher, den with a breathtaking view of golfing heaven. Features include large 522 SF garage, 191 SF, walk-in crawlspace, driveway parking for 8. Private back yard, raised garden beds, grassy area, large patio. Newly designed kitchen, stainless steel appliances, full LED light conversion, new furnace, heat pump HWT & AC unit. Generous primary bedrm, walk-through closet & ensuite, large secondary bedroom, new vinyl windows, flooring, doors and trim. This renovation was conducted with the long term in mind. New gutters, functioning irrigation. Livingrm has vaulted ceilings, gas fireplace, formal dining area, family room, adjacent office/den, family room, French doors to the patio overlooking back yard. So peaceful you won't believe it. Development amenities include: upgraded outdoor pool, tennis/pickleball courts, fire pit for family reunions or weddings, RV parking, RV guest parking, practice green for chipping, putting, upgraded clubhouse, pro shop, food service, billiards table, gym, guest suites. Pristine setting will captivate your attention. Not into golf? ski, hike, cycle, boating. Provincial highways in 3 directions, Penticton & airport 15 min away (id:61463)
Experience elevated Okanagan living at 606-250 Marina Way — a rare opportunity to own a spacious 2-bedroom lakeshore condo offering almost 1,320 sq. ft. of comfort, style, and resort-inspired amenities. This beautifully maintained residence features Corian countertops, double sinks, and a luxurious soaker tub designed for everyday comfort. The open-concept layout is ideal for easy living and effortless entertaining, while large windows invite in natural light and capture the relaxed waterfront atmosphere. Enjoy the ultimate lakeside lifestyle with access to exceptional amenities including a pool, hot tub, fitness center, two designated underground parking spots, and the beach just steps from your door. Whether you’re looking for a full-time residence, vacation retreat, or investment in one of Penticton’s most desirable waterfront communities, this home delivers the lifestyle you’ve been waiting for. ENJOY life! (id:61463)
Discover this updated 1950s character home where timeless charm meets modern comfort. Set on a generous and rare 9,395 sq. ft. lot with convenient lane access, this 4-bedroom plus den, 2-bathroom property offers remarkable versatility—ideal for families, investors, or anyone seeking a home with personality and potential. Thoughtful renovations enhance the home's original appeal while introducing contemporary features for today's lifestyle. There's ample parking for vehicles, an RV, or recreational gear. At the back, a versatile detached 500 sq. ft bonus space awaits with its own private patio area, parking, and a full 3-piece bathroom—perfect for a home office, hobby area, studio, non-conforming guest suite, or private retreat. The flat, fully usable backyard is designed for enjoyment with a refreshing above-ground pool, ideal for gatherings, gardening, or simply soaking up the Okanagan sun. The main deck features a hot tub hook-up, ready for you to unwind under the stars. Irrigation is already in place for easy maintenance. Zoned R4-S, the property offers strong investment possibilities—expand, generate rental income, or create a multi-generational setup with a carriage home. Located in one of Penticton's most desirable neighbourhoods, you're just minutes from sandy beaches, local breweries, and the vibrant farmers' market. This location, property, and home truly define the Okanagan lifestyle. (id:61463)
Development opportunity. 60 x 215 Lot with a 2-bedroom, 2-bathroom home. This is an ideal property for investors or renovators and has potential for future value. There is a large 28 x 24 detached garage and alley access off the back. The spacious lot provides ample room for creativity, whether you're envisioning a single-family home, secondary suite, carriage home, duplex, or multi-family development (Buyers should verify with City of Penticton for zoning and permitted uses). (id:61463)
This beautifully maintained 3 bedroom, 3 bath, half-duplex offers the perfect combination of space, privacy & convenience in a fantastic location just a short walk to shopping, parks, restaurants & Okanagan Lake. This home enjoys a quiet setting with a fully fenced, private yard, complete with a large gazebo, natural gas hookup for your BBQ, and fully irrigated gardens, ideal for relaxing or entertaining all summer long. The main floor features a bright, open concept layout with a welcoming front entry, stylish kitchen with stainless steel appliances & granite counters, & a seamless flow into the living and dining areas. You’ll also find a convenient 2-piece bathroom, direct access to the attached single car garage, & easy access to the backyard off the living room. Upstairs offers 3 generously sized bedrooms, including a spacious primary suite with a walk-in closet & a beautiful ensuite, plus a full bathroom for the additional bedrooms. Laundry is also conveniently located on this upper level. Built in 2015 & exceptionally well cared for, this home is truly move-in ready. With two additional parking spaces in the driveway & the option to reconfigure the yard to accommodate RV or boat parking if desired, it offers flexibility to suit your lifestyle. Currently operating as a fully licensed Airbnb, it also presents great opportunities for those seeking options. This home delivers easy, well kept living in the heart of the South Okanagan. (id:61463)
Contingent. Tucked behind a gated driveway on over 12 quiet, private acres, this exceptional South Okanagan property offers something increasingly rare — space, seclusion, and sweeping views of Skaha Lake, Okanagan Lake, and the city of Penticton, all within minutes of downtown. The charming carriage home provides a comfortable two-bedroom residence with four extra-height bays and an elevator, making it an ideal home base while you design and build your dream estate. Guests and family are well accommodated, with room to grow. For those with a passion for cars, aviation, or simply thinking big, the expansive car barn with its rooftop helicopter landing pad is a showstopper — a signature feature that sets this property apart from anything else on the market. Whether you arrive by car or by air, convenience is never compromised. Vancouver and Calgary are just a short flight away, yet here you'll find the kind of peace and privacy the Okanagan is celebrated for. This is a legacy property in every sense—a blank canvas for those with vision and a lifestyle opportunity that simply doesn't come around twice. If you've been waiting for something extraordinary in the South Okanagan, the wait is over. (id:61463)
Welcome to scenic, beautiful Peachland where unforgettable unobstructed -no wires panoramic views of Okanagan Lake create the ultimate Okanagan lifestyle. Ultra-private this exceptional walk-out rancher combines breathtaking scenery with incredible comfort & major recent upgrades, including new roof, furnace, & A/C all completed within the last 2 years. Inside, the main floor has soaring vaulted ceilings, expansive windows that frame the spectacular lake views from the moment you enter. Hand-scraped hardwood flows through the elegant dining area and into the beautifully refinished kitchen with Cambria quartz counters, full tile backsplash, premium appliances, and a bright bay-window nook opening onto the expansive view deck. Complete with a retractable awning and gas BBQ hookup, it’s the perfect place to relax & take in breathtaking sunsets. Comfort is unmatched with radiant in-floor heating throughout the home, plus heated walkways and driveway for effortless year-round living. The spacious primary suite offers deck access, walk-in closet, and a luxurious 5-piece ensuite with jetted tub framed by lake views. The lower walk-out level features a large family and games room with gas fireplace, 2 bedrooms, full bath, den, wine cellar, workshop, and abundant storage. Outside, enjoy beautifully landscaped grounds, RV parking, private patio, and incredible lake views from nearly every angle. This is definitely a home to put on your must see list. Call today for a private showing. (id:61463)
Luxury, comfort, and timeless design come together in this exceptional West Kelowna residence offering 6 bedrooms and 4 bathrooms with breathtaking lake and mountain views. Thoughtfully designed for both everyday living and entertaining, this beautifully crafted home features expansive outdoor space, refined finishes, and a versatile layout ideal for families or multi-generational living. The main level is warm and inviting with soaring ceilings, exposed wood beams, wide plank flooring, and oversized windows that flood the home with natural light. The chef-inspired kitchen showcases premium appliances, custom cabinetry, quartz surfaces, a large island, and seamless flow into the dining and living areas anchored by a modern fireplace. Step outside to the covered balcony and take in the panoramic Okanagan views while enjoying effortless indoor-outdoor living. The primary suite offers a true retreat with a spa-inspired ensuite featuring a freestanding soaker tub, glass shower, and walk-in closet. Downstairs, the legal suite provides excellent flexibility for extended family, guests, or mortgage helper potential while maintaining privacy and style. With exceptional curb appeal, elevated craftsmanship, and a location that captures the essence of Okanagan living, 715 Lake Court is a rare opportunity to own a home that perfectly balances luxury and functionality. (id:61463)
Welcome to 5987 Meldrum Place - where everyday living feels like a retreat and sweeping lake views define the lifestyle. Step through the grand 8-foot entry into a bright, open-concept space with soaring ceilings and expansive windows that frame the lake. Engineered hardwood floors and a striking slate fireplace create a warm, inviting feel. The kitchen is built for gathering, with a massive granite island, sleek cabinetry, and stainless steel appliances — perfect for entertaining or relaxed mornings at home. Step outside and it truly shines. Expansive decks and a private hot tub set the stage for unforgettable sunsets, while the beautifully landscaped side yard, surrounded by lush, mature foliage, offers the ultimate in privacy and multiple spaces to relax or entertain. The main-level primary suite is a peaceful retreat with stunning views, a walk-in closet, and a spa-inspired ensuite. Downstairs does not feel like a basement at all with large ceiling heights & features a second primary suite, more bedrooms, a games room, and a theatre room. A self-contained one-bedroom suite with its own entrance adds space for guests, extended family, or income potential. This is more than a home — it’s a private escape where lake views, outdoor living, and lush surroundings come together to define the Okanagan lifestyle all within a few mins of the beach and shopping. This home is a must see. Call for your private tour today ! (id:61463)
Well-maintained two-storey apartment building in a prime walkable location — steps from downtown Penticton and all essential amenities. The property comprises 18 one-bedroom units, seven of these have been fully remodelled with updated kitchens, bathrooms, flooring, and paint. Recent capital improvements include a new boiler and pumps, hot water tank, additional laundry appliances, and a refurbished lobby with secure mailboxes. With no balconies or elevator, the building is exceptionally low-maintenance and operationally efficient. More than half the units remain substantially below market rent, and the property re-leases quickly with minimal vacancy exposure — each turnover a mark-to-market opportunity. Strong occupancy underpins stable cash flow, with a projected capitalization rate of 7.31% at full market rents (id:61463)
Built in 2023, this well designed half duplex offers the comfort and efficiency of newer construction, with modern, low maintenance living designed for real life. Ideal for first-time buyers, downsizers seeking single level living, or investors looking for a strong, low maintenance property. Step inside to a bright, open concept layout that makes the most of the space. The kitchen flows seamlessly into the dining and living areas, creating a comfortable setting for everyday life whether you’re hosting friends, enjoying a quiet evening, or simply appreciating the ease of a functional floor plan. Contemporary cabinetry, modern appliances, and generous counter space make the kitchen both stylish and practical. The primary bedroom offers a comfortable retreat, complete with a walk-in closet and ensuite. Additional bedrooms provide flexibility for guests, a home office, hobbies, or extra storage adapting easily to your lifestyle needs. One of the standout features of this home is the impressive amount of storage space, something rarely found in duplex living. With modern construction standards and efficient design, this home offers peace of mind, comfort, and long-term value. If you’re looking for easy living in a newer home with thoughtful design, minimal upkeep and a great location, 241 Nelson Avenue may be your new home! (id:61463)
MASSIVE ROOFTOP PATIO, with unobstructed views of LAKE and MOUNTAINS. Rooftop HOT TUB and Rooftop GREENHOUSE included!! Personal gas-powered WINE BARREL SAUNA both dry or steam included! Outdoor shower for cold exposure after sauna session, personal spa experience at home! Upgrades include landscaping with built-in bench around fire pit and beautiful patio stone area. Unit has total of 4 beds & 4 baths! Only unit with NO CARPET, beautiful scratch-proof flooring. FINISHED WALK-OUT BASEMENT with PRIVATE ENTRANCE. HUGE bright kitchen with large island, modern quartz countertops, walk-in pantry, and beautiful cabinetry! OPEN CONCEPT living and dining room off kitchen with TWO fireplaces and high ceilings. Easily access BBQ, fire pit or sauna from quaint wrap around porch off kitchen to backyard. Oversized MASTER bedroom with WALK-IN closet, gorgeous ENSUITE BATHROOM with his and her sinks, private toilet room, and luxurious freestanding soaker tub! Backyard faces south, sun all day! Mature trees and lush vegetated hillside provide privacy, shade, and tranquility. Large 2 car GARAGE with built in cabinets and storage shelves. NO pet restrictions, dog pen, dog friendly community. Walking distance to Starbucks, yoga studio, Pub, Marina, Restaurants, local shops, etc. Easy access to paved bike and walking trail around Wood Lake with access to Okanagan Rail Trail, picnic area, beach, and off-leash dog park with beach, etc. 1 minute walk to the new Brewery & Eatery! (id:61463)
