$10,500,000

For sale

909 Fairview Road, Penticton, British Columbia, V2A5Z1

Lot size 14,810 sq ft (0.34 ac)

Listed by Chamberlain Property Group Inc.

631 Burns Street, Penticton, British Columbia, V2A4X2

For sale

27 days ago

$1.43M

631 Burns Street, Penticton, British Columbia, V2A4X2

Lot size 6,098 sq ft (0.14 ac)

Listed by Century 21 Amos Realty

156 Nanaimo Avenue East, Penticton, British Columbia, V2A1M4

For sale

34 days ago

$1.29M

156 Nanaimo Avenue East, Penticton, British Columbia, V2A1M4

5,196 ft²Lot size 7,841 sq ft (0.18 ac)

Listed by eXp Realty

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$10,500,000

Penticton

Book a showing

43 & 83 Calgary Avenue, Penticton - Multi-family for Sale

43 & 83 Calgary Avenue, Penticton, British Columbia, V2A2T7

20,038 sq ft (0.46 ac) lot sizeListed 85 days ago

Overview

This multi-family property in Penticton is for sale. It has been on the market 85 days, fresher than the Penticton average of 113 days.

Multi-Family Properties for Sale in Penticton →All real estate in Penticton →

Description

Introducing 43 and 83 Calgary Avenue Apartments, a very special 55+ collection centrally located in Penticton, just steps from all essential amenities, offering safe and convenient senior rental living. Both buildings are in excellent condition and together comprise 46 units: 3 studios, 17 one-bedroom, and 24 two-bedroom apartments, each featuring pleasant and highly desirable layouts. Thanks to its prime location and the distinctive appeal of a 55+ community, this property represents a rare opportunity for investors seeking stable, high-demand rental housing. Suites lease quickly upon availability, providing consistent income and an opportunity to adjust rents to market levels. (id:66096)

Property Details

MLS®: 10397473
Property Type: Multi-family
Half Baths: 0
Lot Size: 20,038 sq ft (0.46 ac)
Year Built: 1994
Heating: Baseboard heaters
Cooling: Window air conditioner
Garage: Rear
Ownership: Freehold
Property Tax: $25,725.67/yr
Listed: 85 days ago

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Penticton listings, avg age

113d

List price

$10.50M

Haho

This multi-family in Penticton has been listed for 85 days, which is 28 days fresher than the city average of 113. Act while there is still low competition.

Set a price alert Book a showing

Listed by Chamberlain Property Group Inc. · John Green

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$10,500,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment20% · $2,100,000

Min 20%50%

Mortgage payment$44,780/mo

Property tax (est.)$2,144/mo

Total monthly$46,924

Cash Needed to Close

Down payment (20%)$2,100,000

Land transfer tax$293,000

Est. closing costs$34,000

Total cash needed$2,427,000

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice