551 Ellis Street Unit# 101, Penticton
Welcome to this quality-built half duplex with a LEGAL basement suite by Trainor Construction, completed in 2017 and ideally located in the heart of Penticton. Just steps to shopping, farmers market, breweries, transit, and schools! This is a prime opportunity for investors or homeowners seeking a mortgage helper. The upper unit offers a functional three-level layout with the main floor featuring an open living space and convenient guest bathroom. Upstairs includes 2 bedrooms and 2 full bathrooms and the 3rd bedroom is located on the lower level. This unit also includes a small fenced yard. Downstairs, the legal 1 bedroom, 1 bathroom suite has its own private entrance—perfect for rental income or Airbnb potential. Both suites include in-unit laundry, designated parking and are separately metered for utilities, offering flexibility and ease of management. The main residence is equipped with gas forced air heating and central A/C, while the lower suite features electric baseboard heat. Currently fully tenanted with solid income. A versatile and centrally located investment offering strong income potential and long-term value. NOTE: photos are from 2017 at time of construction. (id:62865)
Status
Active
Year Built
2017
Property Type
Duplex
Ownership
Condo/Strata
Parking Spaces
2
Annual Tax
$4,109
Parcel Number
030-157-013
Data Source
Association of Interior REALTORS®
Bedrooms
4
Bathrooms
4
Living Area
1865 square feet
Architectural Style
Multi-level
Lot Size
0.05 acres
Exterior Features
Community Features
Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling
Central air conditioning
Water Source
Municipal water
Sewer
Municipal sewage system
$699,900
Office
RE/MAX Penticton Realty
Loan Amount:
$559,920
Estimated Monthly Payment:
$2,729
This is an estimate for informational purposes only. Consult with a financial advisor.
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