551 Ellis Street Unit# 102, 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
$4,384
Parcel Number
030-157-021
Data Source
Association of Interior REALTORS®
Bedrooms
4
Bathrooms
4
Living Area
1865 square feet
Basement
Full
Appliances
Exterior Features
Community Features
Roof
Asphalt shingle,Unknown
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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