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601 Ellis Street Unit# 101, Penticton

MLS® #10391522
About this Property

Welcome to this stunning half duplex in the heart of Penticton, where modern living meets exceptional investment potential. Built in 2015, this well-maintained property features 3 bedrooms and 2.5 bathrooms in the main residence, plus a legal 1-bedroom suite offering flexibility as a mortgage helper, rental income source, or space for extended family. With a projected cap rate nearing 7%, low operating costs, and efficient design, this property presents a compelling opportunity for investors seeking strong cash flow and long-term growth. The legal suite adds valuable income potential while enhancing overall versatility. Located in one of Penticton’s most desirable central neighborhoods, you'll enjoy easy access to downtown, shopping, schools, beaches, the bike path, restaurants, and the South Okanagan Events Centre. This prime location continues to attract quality tenants and supports long-term value appreciation. Whether you're an investor looking for immediate income, a young family seeking flexibility and convenience, or someone downsizing without sacrificing lifestyle, this property checks all the boxes. Modern finishes, a functional layout, excellent revenue potential, and an unbeatable location combine to create an outstanding opportunity. Currently tenanted. (id:62865)

Property Information

Status

Active

Year Built

2015

Property Type

Duplex

Ownership

Condo/Strata

Parking Spaces

1

Annual Tax

$3,474

Parcel Number

029-746-515

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

4

Bathrooms

4

Living Area

1704 square feet

Architectural Style

Other

Flooring

Laminate

Appliances

RefrigeratorRange - ElectricDishwasherWasher & Dryer
Exterior & Lot

Lot Size

0.02 acres

Fencing

Fence

Exterior Features

Other

Community Features

Pets Allowed
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Baseboard heaters, Electric

Water Source

Municipal water

Sewer

Municipal sewage system

$699,900

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
4Baths
1704sqft
Listing Courtesy of

Office

Real Broker B.C. Ltd

Mortgage Calculator
$139,980

Loan Amount:

$559,920

Estimated Monthly Payment:

$2,729

This is an estimate for informational purposes only. Consult with a financial advisor.