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)
