Close to the heart of downtown Penticton. Large 0.19-acre R4-L lot presents a fantastic opportunity, whether you're looking for a holding property with potential for multi-unit residential development or a charming starter home in Penticton's vibrant downtown core. The location offers unparalleled convenience, with schools, breweries, restaurants, shops, and numerous amenities just a short stroll away. The 2-bedroom home on the property is in excellent condition, brimming with character and boasting a host of recent upgrades, making it move-in ready. You'll appreciate the original hardwood flooring, the upgraded kitchen with newer appliances, and the updated 4-piece bathroom. The home also features newer vinyl windows and a poured stamped concrete pad in the backyard, perfect for barbecues and entertaining. The full basement is partially finished, offering ample space for future expansion. Detached single garage and or workshop at the rear of property, and extra parking included right outside your back door. Recent home inspection performed and brand-new hot water tank June 2025 on file. Call LS for a personal tour. All meas approx. Pictures were taken prior with vacant tenancy, and recent photos of family furnishings. (id:2493)More details
Discover the perfect urban retreat with this spacious 1,001-square-foot, two-bedroom, two-bathroom residence situated in an awesome location just steps from vibrant coffee shops, local breweries, and the beautiful shores of Okanagan Lake. This home features an incredibly smart floor plan where the bedrooms are separated by a large, open living and dining area to ensure maximum privacy and flow. The interior has been thoughtfully updated with recently upgraded flooring, fresh paint, and modern lighting fixtures throughout, making it entirely move-in ready. One of the most impressive features of this home is the massive covered patio, which is accessible via sliding glass doors from both bedrooms as well as the main living room. This outdoor oasis includes a natural gas hookup for your barbecue, while the cozy indoor gas fireplace is conveniently included in your strata fee to help keep living costs predictable. Residents also benefit from the peace of mind provided by secure underground parking in a well-maintained building. This professionally managed complex is perfect for investors or those seeking a quiet lifestyle, as rentals are permitted. While the building remains a no-pet community, the proximity to downtown amenities and the lakefront makes it a premier choice for anyone looking to enjoy the best of the Okanagan lifestyle. (id:2493)More details
Welcome to this updated 4-bedroom, 2-bathroom home located in the heart of Penticton just steps from shopping, schools, the beach and transit. This move-in ready gem offers a spacious and fully fenced yard with alley access, perfect for families, pets, and outdoor entertaining. Enjoy summer evenings under the amazing pergola on the large backyard deck where you can enjoy your morning coffee or evening wine. The backyard also features a detached workshop/shop, ideal for hobbies, storage, or extra space. Inside, you’ll find a tastefully renovated kitchen with island, perfect for entertaining. The upper level features two bedrooms, while the recently updated lower level offers two additional bedrooms, providing flexibility for guests, office space, or growing families. Other upgrades include 200 amp electrical service, new hot water on demand, furnace, and central air conditioning ensuring year-round comfort and efficiency. This home blends comfort, functionality, and location. Don’t miss your opportunity to own a fantastic property in one of Penticton’s most convenient neighborhoods! (id:2493)More details
Room to Grow, Space to Gather, & Upgrades You’ll Feel! Welcome to this beautifully updated 6 bdrm, 4.5 bthrm family home offering 3,425 SF of versatile living space on a 0.21 acre lot in one of Penticton’s popular neighbourhoods. Enter through an inviting inner courtyard that creates a warm welcome & enhances the home’s unique curb appeal. With over $100K in improvements, this home blends style, comfort, & functionality for growing or extended families. The main floor has been extensively renovated, featuring engineered white oak flooring, newer windows, updated lighting, & a stunning remodeled kitchen with ceramic tile flooring & newer appliances. The foyer opens to a large living room with a fireplace feature & dedicated dining area. Step out from the kitchen onto the deck overlooking a huge, private, fully fenced backyard. A large main floor bdrm with ensuite & generous closet space, laundry room with 2pc bthrm, & access to the garage add to the smart layout. Upstairs is 4 bdrms & a full 4pc bthrm, inc. a primary suite with new engineered flooring & a 3pc ensuite. The lower level has a 1 bdrm, 3pc bthrm in-law suite with separate access thru the garage. Single garage plus space for 5+ vehicles, RV/boat. This is a true family home with walking distance to schools, shopping, recreation, & transit. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & include all interior walls & must be verified by the buyer if deemed important. (id:2493)More details
Attention Investors, First time homebuyers and Do-It-Yourselfers! Located in a quiet neighbourhood, yet just two blocks from the vibrant downtown core, this home and property is ready for the next stage of life. The home is in need of some tender loving care but with some elbow grease, time and money it could have a number of years left in it. On the flip side it could be a great holding property while plans are made to redevelop the land to maximize earning potential. The home has 2 Bedrooms, 1 Bathroom, the Kitchen, Dining Area and Large Living Room on the main floor. Downstairs features a large Rec Room, a den/bedroom and the utility/storage room. Off of the Dining Room is a cozy patio space, the one car garage and garden shed. In its time this was a wonderful home with a beautiful yard in a great location overlooking Penticton Creek. Choose to bring it back to life or develop it into a multi family property. Call to set up your own private showing today. (id:2493)More details
Calling all investors, developers & builders! This 126 x 30 ft property is being offered strictly for lot value and is a prime redevelopment opportunity. Zoned RM2 – Low Density Multiple Housing, allowing up to 3 storeys with potential for duplexes, multi-unit residences, and more. Endless development possibilities in a desirable area. Making it an excellent holding property with strong future upside. **Neighbouring properties are also available for potential land assembly*** Contact the listing agent for full details. (id:2493)More details
Calling all investors, developers & builders! This 126 x 30 ft property is being offered strictly for lot value and is a prime redevelopment opportunity. Zoned RM2 – Low Density Multiple Housing, allowing up to 3 storeys with potential for duplexes, multi-unit residences, and more. Endless development possibilities in a desirable area. Making it an excellent holding property with strong future upside. **Neighboring properties are also available for potential land assembly*** Contact the listing agent for full details. (id:2493)More details
This 985 sq. ft. top-floor condo offers a spacious and functional layout in a central Penticton location. The bright, open-concept living and dining areas are complemented by a modernized kitchen featuring stainless steel appliances. In addition to the large primary bedroom, the floor plan includes a dedicated small office—perfect for a hobby room or workspace—along with the convenience of private in-suite laundry. Outdoor living is a highlight with a good-sized, north-facing covered deck that provides a comfortable retreat while avoiding the intense heat of the midday sun. This 55+ building is a pet-free environment that has been well-maintained, including the recent installation of a new elevator in 2025. One dedicated covered parking spot is included. Perfectly situated for an active lifestyle, the home is just a short walk from local shopping and restaurants, with both Okanagan Lake and Skaha Lake only a quick drive away. (id:2493)More details
Immaculate and inviting, this fifth-floor 2-bedroom condo is a true gem. Updated with newer paint, kitchen cabinetry, countertops, custom cabinetry, window coverings and flooring, it exudes a modern and pristine atmosphere that is sure to impress. Step inside and be greeted by the bright daylight infused living space with sunrise views that can be admired from the comfort of your own fireside living room. The master bedroom incudes deck access, a spacious walk-through closet and a contemporary master ensuite. A second bedroom at the opposite end adds comfort and guest privacy. Complete with custom built in cabinetry in the second bedroom - turning this space into a media room or executive office - convenience is at your fingertips with a prime location next to a variety of shopping options, making errands a breeze. This meticulously maintained condo offers the perfect combination of style, comfort, and practicality all with secure parking & access. Don't miss the opportunity to own this beautifully updated condo in a sought-after location. Schedule a showing today with your favourite agent and make it yours! (id:2493)More details
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 5.21%. 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:2493)More details
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:2493)More details
PRICED BELOW ASSESSED VALUE! QUICK POSSESSION POSSIBLE! PET, RENTAL, & ALL AGES FRIENDLY! This 3 bed, 2.5 bath townhome is located close to shopping, parks, schools, recreation, public transit, and Penticton General Hospital. Upgrades include: air conditioner (2019), hot water tank (2020), microwave/kitchen sink/dishwasher (2023), fridge (2025), washer/dryer (2024), and kitchen floor (2025). OPEN CONCEPT living/dining/kitchen space with high ceiling - perfect for entertaining - that lead to the curated FENCED garden space and patio. Completing the main floor is a half bathroom, pantry/storage space, and access to the single car GARAGE. Downstairs is a perfect office/den space with access to the crawl space for additional storage. Upstairs features a HUGE main bedroom with a PRIVATE 4 pce ENSUITE and large walk-in closet, 2 spacious bedrooms, 4 pce common bathroom, and laundry space. 2 parking space (single car garage and driveway). This home is great for investors, first time buyers, or downsizers. By appointment only. Measurements approx only - buyer to verify if important. (id:2493)More details
Data was last updated February 19, 2026 at 02:45 AM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.