Multi-Family Properties for Sale in Penticton

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Row / Townhouse for sale: 1458 Penticton Avenue Unit# 164, Penticton

31 photos

$479,900

1458 Penticton Avenue Unit# 164, Penticton (Cascade Gardens), British Columbia V2A 8L3

4 beds
4 baths
9 days

Here is your opportunity to get into the market affordably with this 4 bed 4 bath 3 level townhome in family and pet friendly Cascade Gardens (pets on approval). This large home boasts an open concept kitchen and dining area with a well appointed living room on the main floor. Easy access

Link Snider,Royal Lepage Locations WestListed by: Link Snider,Royal Lepage Locations West
Apartment for sale: 1410 Penticton Avenue Unit# 215, Penticton

14 photos

$229,900

1410 Penticton Avenue Unit# 215, Penticton (Canyon Court), British Columbia V2A 2N5

2 beds
1 baths
44 days

This 2 bedroom/1 bathroom plus den apartment across from Penticton Creek may be the one you are looking for. The unit has a balcony that faces Penticton Creek. Located conveniently close to shopping, recreation, dog park and the lakes. Pets are allowed and there is no age restriction. This

Ilona Kenny,Royal Lepage Locations WestListed by: Ilona Kenny,Royal Lepage Locations West
Multi-Family for sale: 564, 576 & 580 ELLIS Street, Penticton

11 photos

$3,800,000

564, 576 & 580 Ellis Street, Penticton, British Columbia V2A 4M3

0 beds
0 baths
13 days

564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2

Row / Townhouse for sale: 253 NORTON Street Unit# 105, Penticton

22 photos

$659,000

253 Norton Street Unit# 105, Penticton (UPLANDS RIDGE), British Columbia V2A 4H8

3 beds
3 baths
44 days

Stylish & Sun-Filled Corner Townhome in a Prime Penticton! This corner townhome is the perfect blend of comfort and convenience. Nestled in a quiet yet central location, you're just a short stroll to Okanagan Lake, craft breweries, the farmers market, KVR trail and an array of local shops

Listed by: Shannon Simpson
Row / Townhouse for sale: 3363 Wilson Street Unit# 140, Penticton

26 photos

$500,000

3363 Wilson Street Unit# 140, Penticton (SKAHA LAKE VILLAS), British Columbia V2A 9G7

3 beds
3 baths
18 days

FIRST TIME HOME BUYER & INVESTOR ALERT! This thoughtfully designed 3 bedroom, 3 bathroom townhome offers over 1,400 sq.ft. of comfortable living space in one of Penticton’s most desirable south end locations, just a short walk to Skaha Lake’s stunning beaches, local shopping, and

Shannon Simpson,Chamberlain Property GroupListed by: Shannon Simpson,Chamberlain Property Group
Apartment for sale: 3362 SKAHA LAKE Road Unit# 407, Penticton

23 photos

$535,000

3362 Skaha Lake Road Unit# 407, Penticton (SKAHA LAKE TOWERS), British Columbia V2A 6G4

2 beds
2 baths
31 days

Modern Living with Mountain Views in a Prime Location. This 4th floor, southeast facing corner unit showcases over $26K in premium upgrades & offers over 1,100 sqft of contemporary comfort & refined style. With 2 beds, 2 baths, a versatile den, this bright & airy condo is thoughtfully designed

Shannon Simpson,Chamberlain Property GroupListed by: Shannon Simpson,Chamberlain Property Group
Duplex for sale: 598 WESTMINSTER Avenue W Unit# 102, Penticton

17 photos

$525,000

598 Westminster Avenue W Unit# 102, Penticton, British Columbia V2A 1K6

2 beds
2 baths
13 days

Stylish Downtown Half Duplex – No Strata Fees! Located in the heart of downtown Penticton, this modern 2-bedroom, 1.5-bathroom corner half duplex is part of an intimate four-unit complex offering unbeatable access to the city’s best amenities. Enjoy being just steps from the downtown

Shannon Simpson,Chamberlain Property GroupListed by: Shannon Simpson,Chamberlain Property Group
Apartment for sale: 922 Dynes Avenue Unit# 105, Penticton

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$299,000

922 Dynes Avenue Unit# 105, Penticton (Town and Country Manor), British Columbia V2A 1E8

2 beds
1 baths
48 days

Awesome location for this 2 bedroom, 1 bath condo. Just one block from Okanagan beach, float down the river channel or walk to the restaurants that surround you. The SOEC just a 5 min walk to hockey, recreation centre or schools. Family oriented building, waiting for your touch. Get ready

Janice Ponce,Royal Lepage Locations WestListed by: Janice Ponce,Royal Lepage Locations West
House for sale: 873 MAIN Street, Penticton

1 photos

$699,900

873 Main Street, Penticton, British Columbia V2A 5E3

3 beds
3 baths
390 days

Priced $130,000 below assessed value! Developers and Investors this centrally located home is zoned RM3 for multi-family units. The Main Street location is close to downtown, schools, transit and restaurants making it attractive for people that want an active lifestyle. This comfortable

Bronwyn Booth,Re/max Wine Capital RealtyListed by: Bronwyn Booth,Re/max Wine Capital Realty
Row / Townhouse for sale: 148 Roy Avenue Unit# 6, Penticton

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$599,000

148 Roy Avenue Unit# 6, Penticton (Royal Gate), British Columbia V2A 3M9

3 beds
3 baths
173 days

Bright end unit with double garage in Royal Gate. These Executive townhomes are rarely offered for sale, this sharply priced unit is ready to sell! Quick possession is available. The unit is immaculately maintained. Fantastic central location, in a quiet neighborhood walking distance to shopping,

Scott Rowlands,Royal Lepage Locations WestListed by: Scott Rowlands,Royal Lepage Locations West
Apartment for sale: 3140 Wilson Street Unit# 313, Penticton

28 photos

$304,900

3140 Wilson Street Unit# 313, Penticton (Tiffany Gardens), British Columbia V2A 7K4

1 beds
1 baths
38 days

OPEN HOUSE MAY 10 12:30 – 2. Thoughtfully renovated 1 Bed 1 Bath condo in Tiffany Gardens. The renovated kitchen has been opened up from the original closed-off layout, with new epoxy countertops complimented with updated white cabinets and a matching extended pantry storage unit. The

House for sale: 330 Van Horne Street, Penticton

18 photos

$499,900

330 Van Horne Street, Penticton, British Columbia V2A 4K5

3 beds
1 baths
72 days

Discover an exceptional opportunity to invest in a strategically located R4-S zoned lot in the heart of downtown Penticton. This prime parcel of land is just a few short blocks from Okanagan Beach, making it an ideal site for residential development. This property is perfectly positioned to

Nicalette Mccrae,Royal Lepage Locations WestListed by: Nicalette Mccrae,Royal Lepage Locations West
House for sale: 1021 FLEET Road, Penticton

55 photos

$2,950,000

1021 Fleet Road, Penticton, British Columbia V2A 8T7

4 beds
3 baths
128 days

Lovingly farmed by the same family for nearly 40 years, this incredible lakeview property on the pristine Naramata Bench holds the legacy of the land in its 8.6 acres. Nestled between wineries and orchards, the property features two separate homes on site, making it an ideal option for multi-family

Amanda Brown,Royal Lepage Parkside Rlty SmlListed by: Amanda Brown,Royal Lepage Parkside Rlty Sml
Row / Townhouse for sale: 1001 Antler Drive Unit# 101, Penticton

34 photos

$749,900

1001 Antler Drive Unit# 101, Penticton (The Ridge), British Columbia V2A 0C8

3 beds
4 baths
9 days

OPEN HOUSE SATURDAY MAY 17, 1-2:30 PM. Welcome to your new home in The Ridge – a bright and stylish end-unit townhouse with 3 bedrooms and 4 bathrooms, perfectly set up for comfortable everyday living. This place backs right onto green space, so not only do you get stunning Okanagan Valley

House for sale: 1470 Carmi Drive, Penticton

33 photos

$800,000

1470 Carmi Drive, Penticton, British Columbia V2A 4S1

4 beds
3 baths
83 days

Welcome to 1470 Carmi Dr, Penticton. This beautifully remodeled 2-storey home with a fully finished basement offers incredible versatility and income potential, featuring a legal rental suite with separate entrance and private backyard. The main floor welcomes you with a spacious living room

Apartment for sale: 2113 Atkinson Street Unit# 406, Penticton

35 photos

$444,900

2113 Atkinson Street Unit# 406, Penticton (Athens Creek), British Columbia V2A 8R5

2 beds
2 baths
10 days

Welcome to Athens Creek, one of Penticton’s best high-rise complexes smack dab in the centre of town. Simply cross the road to all the amenities of Cherry Lane Mall including London Drugs, Save-on-Foods, Medical clinics, shopping, activities and more. This open-concept two bedroom, two

Larry Flagel,Royal Lepage Locations WestListed by: Larry Flagel,Royal Lepage Locations West
Duplex for sale: 453 Tennis Street Unit# 101, Penticton

34 photos

$1,200,000

453 Tennis Street Unit# 101, Penticton, British Columbia V2A 5R4

4 beds
3 baths
86 days

Welcome to this exceptional brand-new home recently completed by local builder Square Foot Construction. Featuring an open layout floor plan designed for modern living. With a focus on functional spaces, this property offers the perfect balance of style and practicality for both families and

Callan Power,Summerland Realty Ltd.Listed by: Callan Power,Summerland Realty Ltd.
Apartment for sale: 740 WINNIPEG Street Unit# 205, Penticton

24 photos

$309,500

740 Winnipeg Street Unit# 205, Penticton (Winnipeg Square), British Columbia V2A 5N3

2 beds
2 baths
54 days

This bright and well-maintained 2-bedroom, 2-bathroom corner unit condo is perfectly situated within the building and just a short easy walk to Penticton’s vibrant downtown and amenities. The home offers a practical kitchen, a generous dining and living area, and two decks — both

Row / Townhouse for sale: 183 Maple Street Unit# 104, Penticton

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$608,900

183 Maple Street Unit# 104, Penticton, British Columbia V2A 5V4

3 beds
3 baths
72 days

Tucked into one of the best pockets of Penticton and just a couple of blocks from the lake, SOEC and downtown, you leave your car at home. ENTRY OFF REAR LANE Better than new, this home has many quality upgrades, including new high-efficiency furnace and triple-pane windows. The original poly-B

Listed by: Bradley Vollans,Sutton Premier Realty
House for sale: 1750 Ridgedale Avenue, Penticton

38 photos

$1,050,000

1750 Ridgedale Avenue, Penticton, British Columbia V2A 2S6

3 beds
2 baths
12 days

Great package! House, carriage house, 2 garages, 70x140 sloping lot with lane + tons of parking. Well cared for owner occupied 2 level home. Main: cozy gas fireplace & lovely hardwood floors in the living areas. Dining room opens to kitchen, with access to a big concrete south deck. 2 bedrooms

Geoff Cowling,Royal Lepage Locations WestListed by: Geoff Cowling,Royal Lepage Locations West
Row / Townhouse for sale: 601 Wade Avenue Unit# 101, Penticton

22 photos

$269,000

601 Wade Avenue Unit# 101, Penticton, British Columbia V2A 1V6

2 beds
1 baths
103 days

Clean well kept retirement complex. 2 bedroom, 1 bath Garden Apartment close to S.O.E.C. (South Okanagan Event Centre), community centre, pool and downtown shopping and beach. Covered parking, easy access ground level, low strata fees. 55+, no pets. Wheelchair accessible one level rancher.

Scott Rowlands,Royal Lepage Locations WestListed by: Scott Rowlands,Royal Lepage Locations West
Row / Townhouse for sale: 687 Victoria Drive Unit# 103, Penticton

7 photos

$619,000

687 Victoria Drive Unit# 103, Penticton (687 Victoria Drive), British Columbia V2A 5N5

3 beds
3 baths
19 days

Introducing 687 Victoria Drive - a newly built, high-quality fourplex that blends modern design, energy efficiency, and affordability. Thoughtfully crafted by Parallel 50, one of the South Okanagan’s most reputable design-build firms, this project reflects their impeccable track record

Apartment for sale: 130 Skaha Place Unit# 311, Penticton

16 photos

$197,500

130 Skaha Place Unit# 311, Penticton, British Columbia V2A 7J6

1 beds
1 baths
2 days

Vacant and ready to move in! Welcome to this one bedroom, one bath condo in the Best location across from Shaha Beach and Park. Functional open layout with north facing patio for cool evenings on the deck. Freshly painted with low maintenance laminate flooring and energy efficient vinyl windows.

House for sale: 210 YORKTON Avenue, Penticton

36 photos

$1,099,000

210 Yorkton Avenue, Penticton, British Columbia V2A 3V2

3 beds
3 baths
73 days

Versatile Living with Income Potential in Prime Location! Nestled in one of Penticton’s most sought-after neighbourhoods, just a short stroll from Skaha Park & Beach, this bright & spacious 2,337 sqft home on a .23 acre lot offers incredible lifestyle flexibility with income potential.

Shannon Simpson,Chamberlain Property GroupListed by: Shannon Simpson,Chamberlain Property Group
Row / Townhouse for sale: 142 PRESTON Avenue Unit# 103, Penticton

32 photos

$518,000

142 Preston Avenue Unit# 103, Penticton (HERITAGE PLACE), British Columbia V2A 2K2

3 beds
3 baths
40 days

Okanagan Living at Its Finest! Welcome to Heritage Place, a well maintained, 8 unit townhome complex perfectly positioned in the heart of the city. Just steps from downtown, shopping, amenities, bikeways, and the KVR Trail, this location offers the ultimate in convenience and lifestyle. This

Shannon Simpson,Chamberlain Property GroupListed by: Shannon Simpson,Chamberlain Property Group
Apartment for sale: 578 Lakeshore Drive Unit# 202, Penticton

41 photos

$798,000

578 Lakeshore Drive Unit# 202, Penticton, British Columbia V2A 1B9

2 beds
2 baths
68 days

This gorgeous 1,307 sq. ft. condo has been completely renovated and sits in a quiet, exclusive complex of just nine units, offering both privacy and a sense of community. Just 50 steps from Okanagan Lake, this fantastic location provides breathtaking water and mountain views right from your

Row / Townhouse for sale: 687 Victoria Drive Unit# 102, Penticton

7 photos

$619,000

687 Victoria Drive Unit# 102, Penticton (687 Victoria Drive), British Columbia V2A 5N5

3 beds
3 baths
45 days

Introducing 687 Victoria Drive - a newly built, high-quality fourplex that blends modern design, energy efficiency, and affordability. Thoughtfully crafted by Parallel 50, one of the South Okanagan’s most reputable design-build firms, this project reflects their impeccable track record

Apartment for sale: 764 Government Street Unit# 102, Penticton

25 photos

$365,000

764 Government Street Unit# 102, Penticton (The Grandview), British Columbia V2A 4T3

2 beds
2 baths
52 days

Value here! 2 bedroom, two full 4 piece bathrooms. Garden level corner unit with extra windows and lots of natural light. Open layout combines living/dining/kitchen. Tastefully updated kitchen is bright white with stainless appliances and good countertop work space. Spacious primary bedroom

Apartment for sale: 150 Skaha Place Unit# 205, Penticton

23 photos

$249,000

150 Skaha Place Unit# 205, Penticton, British Columbia V2A 7L1

2 beds
1 baths
346 days

NE corner unit, 2 bedrooms, 1 bath. Open living room with PrestoLog fire place. Galley style kitchen, big pantry/storage, white cabinets, new stove. Great long term rental unit or summer get - a - way, only one block from Skaha Lake! Nearby transit, airport, golf, shopping & easy access to

Janice Ponce,Royal Lepage Locations WestListed by: Janice Ponce,Royal Lepage Locations West
Apartment for sale: 803 FAIRVIEW Road Unit# 102, Penticton

8 photos

$259,900

803 Fairview Road Unit# 102, Penticton, British Columbia V2A 5Y7

2 beds
1 baths
88 days

Experience vibrant city living in this main floor corner condo. This 2 bedroom, 4 piece bathroom unit features a private, east-facing covered deck that welcomes abundant natural light. The condo has a functional floor plan and convenient amenities, including coin laundry, bike storage and

Shannon Simpson,Chamberlain Property GroupListed by: Shannon Simpson,Chamberlain Property Group
House for sale: 123 BEAR END Road, Penticton

99 photos

$1,688,888

123 Bear End Road, Penticton, British Columbia V2A 8V6

8 beds
7 baths
68 days

Experience breathtaking lake views and ultimate privacy at 123 Bear End Road, a stunning 10-acre property bordering 100s of acres of crown land, perfect for hiking or recreational use, including spectacular canyon and seasonal waterway views. Nestled in the forest high between Okanagan Lake

Other for sale: 3921 Finnerty Road, Penticton

9 photos

$1,300,000

3921 Finnerty Road, Penticton, British Columbia V2A 8W1

0 beds
0 baths
58 days

CLICK TO VIEW VIDEO: WOW, what an opportunity to build your dream home. Here is your chance to acquire a lot with arguably some of the most exquisite views in all of Penticton. Completely unobstructed views of the magnificent Skaha Lake. Only a short walk in your flip-flops to the beach, marina

Sergej Sinicin,Exp RealtyListed by: Sergej Sinicin,Exp Realty
Other for sale: 1471 & 1473 GOVERNMENT Street, Penticton

11 photos

$2,098,900

1471 & 1473 Government Street, Penticton, British Columbia V2A 4V9

0 beds
0 baths
11 days

LAND ASSEMBLY! Premium Multi Family Development Potential. This designated High Density area by the OCP envisions heights up to 6 storeys of apartment use. The two parcels are only sold together and provide a 21,000 SF footprint. Under 100 steps to the Hospital and close to transportation,

House for sale: 302 Scott Avenue, Penticton

53 photos

$625,000

302 Scott Avenue, Penticton, British Columbia V2A 2J8

3 beds
2 baths
66 days

Located in a charming neighbourhood next to schools, shopping and parks. This thoughtfully curated mid-century modern home seamlessly blends vintage charm with modern updates! With 3 beds and 2 baths on the main floor this space offers both style and function for today’s lifestyle. Step

Josh Janz,Re/max Penticton RealtyListed by: Josh Janz,Re/max Penticton Realty
House for sale: 677 Papineau Street, Penticton

14 photos

$449,900

677 Papineau Street, Penticton, British Columbia V2A 4X8

2 beds
1 baths
94 days

INVESTORS WELCOME!!! Not just a drive by, this lot has true potential. Approximate measurements of 46' X 100' and zoned ""R4-S Small-Scale Multi-Unit Residential - Small Lot."" Rear lane access and a quiet residential street out front. Great investment opportunity and/or holding property

Lori J. Lancaster,Parker Real EstateListed by: Lori J. Lancaster,Parker Real Estate
House for sale: 164 Phoenix Avenue, Penticton

26 photos

$689,000

164 Phoenix Avenue, Penticton, British Columbia V2A 2Z5

4 beds
2 baths
16 days

Charming family home in ideal location. Situated in a family-friendly neighborhood between Penticton Plaza and Cherry Lane Mall, this cute and tidy 4-bedroom, 2-bathroom, 2-level split home is perfect for multi-generational living or as an Airbnb suite with a separate entrance. The open kitchen

House for sale: 3175 Valleyview Road, Penticton

44 photos

$3,788,888

3175 Valleyview Road, Penticton, British Columbia V2A 8W8

5 beds
4 baths
94 days

Stunning custom-built 5 bedroom, 5 bathroom executive home with Vineyard nestled on 17-acres located in the heart of South Okanagan’s Wine Country. Enjoy the panoramic views of lush vineyards and majestic mountains, blending natural beauty with sophisticated living. This Modern Rustic

Linda Davreux,Royal Lepage Desert Oasis RltyListed by: Linda Davreux,Royal Lepage Desert Oasis Rlty
Other for sale: 3232 EVERGREEN Drive, Penticton

5 photos

$299,000

3232 Evergreen Drive, Penticton, British Columbia V2A 9A9

0 beds
0 baths
18 days

GST already paid and bring builder of your choice. An exceptional opportunity to own a prime 11,840 sqft pie-shaped lot in the highly desirable Wiltse neighbourhood. Zoned RL4, this property offers incredible flexibility—perfect for your custom single-family home or multi family options.

Other for sale: 281 NORTON Street, Penticton

19 photos

$1,425,000

281 Norton Street, Penticton, British Columbia V2A 4H8

0 beds
0 baths
24 days

Six unit walk-up apartment, consists of 4 - two bedroom units and 2 - studio units. All units have fridge/stove and wall air conditioner, hotwater tank, shared laundry in the building. All units are maintained with low turn over. Two units have been recently updated with new kitchens and

Debbie Desgagne,Front Street RealtyListed by: Debbie Desgagne,Front Street Realty
Other for sale: 293 NORTON Street, Penticton

17 photos

$1,960,000

293 Norton Street, Penticton, British Columbia V2A 4H8

0 beds
0 baths
24 days

8 walk up apartments, consisting of 4 - one bedroom apartments and 4 - two bedroom apartments. All units have been maintained with low turnover volume. Some units have been updated with carpet and linoleum and painted. All units have fridge/stove and wall air conditioner and their own hot

Debbie Desgagne,Front Street RealtyListed by: Debbie Desgagne,Front Street Realty
Apartment for sale: 136 Front Street Unit# 309, Penticton

26 photos

$749,000

136 Front Street Unit# 309, Penticton (STRATA KAS3410), British Columbia V2A 1H1

2 beds
2 baths
31 days

Spacious, Stylish, and Steps to the Lake! Over 1,900 sq ft of beautifully upgraded living space in this stunning multi-level condo, just 1 block from Okanagan Lake and only half a block from Penticton's famous Farmers' Market! Walk to all of downtown’s shops, restaurants, and the scenic

House for sale: 2923 JUNIPER Drive, Penticton

1 photos

$1,800,000

2923 Juniper Drive, Penticton, British Columbia V2A 7T1

6 beds
4 baths
33 days

Experience luxury and comfort in this impeccably designed home, decked out with bespoke finishes. This sprawling home is ideal for a large family or those who simply enjoy spacious living. It boasts six versatile bedrooms—one of which can be transformed into an office—and four well-appointed

Scott Bowland,Exp Realty - SkahaListed by: Scott Bowland,Exp Realty - Skaha
House for sale: 1055 PEARSON Road, Penticton

88 photos

$5,295,000

1055 Pearson Road, Penticton, British Columbia V2A 8T9

5 beds
5 baths
38 days

A Once-in-a-Lifetime Opportunity on the Prestigious Naramata Bench. Welcome to an extraordinary 10.97-acre estate featuring a professionally maintained 4.5-acre vineyard planted with Pinot Noir and Chardonnay vines. This rare gem combines luxury living, privacy, and natural beauty, making

House for sale: 857 Main Street, Penticton

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$548,000

857 Main Street, Penticton, British Columbia V2A 5E3

2 beds
1 baths
79 days

Large .19 acre R4-L lot! What a great holding property with potential for multi unit residential units, or young purchasers trying to afford their new home in the downtown core close to Penticton's amenity sector. Schools, Breweries, restaurants, shops and so much more. This 2 bedroom home

Tracy Dionne,Royal Lepage Locations WestListed by: Tracy Dionne,Royal Lepage Locations West
House for sale: 1385 Maccleave Avenue, Penticton

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$735,000

1385 Maccleave Avenue, Penticton, British Columbia V2A 3E4

4 beds
2 baths
44 days

Get familiar with this wonderful family home in the desirable Duncan/Columbia neighbourhood. This property has been converted into two LEGAL living spaces, making it an excellent choice for multi-generational living or any investor. The upper level features a spacious layout with two bedrooms,

Nicalette Mccrae,Royal Lepage Locations WestListed by: Nicalette Mccrae,Royal Lepage Locations West
Residential Commercial Mix for sale: 242 Haynes Street, Penticton

33 photos

$1,559,000

242 Haynes Street, Penticton, British Columbia V2A 5R9

0 beds
0 baths
82 days

Nestled in Penticton's thriving North End, this commercial property offers opportunities for business owners and developers alike with the current business re-locating shortly. With convenient access to main thoroughfares, and surrounded by complementary businesses, this location is positioned

Norm Davies,Royal Lepage Locations WestListed by: Norm Davies,Royal Lepage Locations West
Other for sale: 1120 ANTLER Drive, Penticton

1 photos

$2,500,000

1120 Antler Drive, Penticton, British Columbia V2A 0C9

0 beds
0 baths
33 days

Attention Investors and Developers! Incredible and rare opportunity at The Ridge Penticton to develop this 1.245 acre multi-family RM3 zoned site. Situated in one of Penticton's most sought after new developments nestled among gentle rolling mountains and scenic natural landscape with endless

Dan Wilson,Re/max Penticton RealtyListed by: Dan Wilson,Re/max Penticton Realty
House for sale: 181 Wade Avenue W, Penticton

19 photos

$550,000

181 Wade Avenue W, Penticton, British Columbia V2A 1T7

3 beds
1 baths
48 days

Great starter home, holding property for future development or simply a great holiday home. Steps to downtown Penticton and its shops, restaurants, breweries, and markets as well as minutes to Okanagan Lake and beach, the South Okanagan Events Centre, Gateway Casino, Penticton Trade and Convention

Other for sale: 102 Roy Avenue, Penticton

5 photos

$750,000

102 Roy Avenue, Penticton, British Columbia V2A 3M9

0 beds
0 baths
163 days

ATTENTION DEVELOPERS!! This corner lot located at Roy & Atkinson in the center of Penticton is approximately 100 ft x 100ft. The 0.23 acre lot is in a great neighbourhood that is close to Cherry Lane Mall, public transit, Parkway Elementary School with restaurants and recreation just a few

House for sale: 903 Newton Drive, Penticton

27 photos

$1,099,900

903 Newton Drive, Penticton, British Columbia V2A 8Z4

4 beds
2 baths
53 days

CLICK TO VIEW VIDEO: This versatile West Bench property with lake and valley views has many options. Sitting on nearly 1.25 acres, this 2,200 sf 4-bedroom, 2-bathroom home delivers space to dream big, which is hard to find. Inside you will be greeted by large, light-filled windows offering

Sergej Sinicin,Exp RealtyListed by: Sergej Sinicin,Exp Realty

Exploring Multi-Family Real Estate Opportunities in Penticton

As a licensed Canadian real estate expert, I understand the allure of Penticton for home buyers, investors, and seasonal cottage seekers. Nestled between Okanagan and Skaha Lakes, Penticton offers a unique blend of natural beauty and urban convenience. For those considering multi-family properties in this vibrant city, there are several key factors to consider, including zoning regulations, resale potential, lifestyle appeal, and seasonal market trends.

Zoning Regulations: Navigating the Legal Landscape

Understanding zoning regulations is crucial when investing in multi-family properties in Penticton. The city has specific zoning bylaws that dictate the types of structures that can be built in different areas. For instance, areas zoned as RM2 allow for medium-density residential developments, which are ideal for multi-family units. It's essential to consult with a local real estate expert or the city's planning department to ensure compliance with these regulations.

Comparatively, other Canadian cities like Brantford and Barrie have their own unique zoning challenges and opportunities. Understanding these differences can provide valuable insights for investors looking to diversify their portfolios across different regions.

Resale Potential: Maximizing Your Investment

When it comes to resale potential, Penticton's multi-family properties offer promising prospects. The city's growing population and increasing demand for rental units make it an attractive market for investors. Properties located near amenities such as schools, parks, and shopping centers tend to have higher resale values. Additionally, the proximity to the lakes and recreational activities enhances the appeal of these properties.

Investors should also consider the broader market trends in other regions. For example, the multi-family market in Nanaimo and Moncton has shown significant growth, indicating a strong demand for such properties. By analyzing these trends, investors can make informed decisions about the potential resale value of their Penticton investments.

Lifestyle Appeal: The Penticton Advantage

Penticton's lifestyle appeal is a significant draw for both residents and investors. The city's picturesque setting, combined with a mild climate, makes it an ideal location for those seeking a balanced lifestyle. The abundance of outdoor activities, including hiking, biking, and water sports, attracts a diverse range of residents, from young professionals to retirees.

For those considering multi-family investments, it's important to recognize the lifestyle preferences of potential tenants. Properties that offer easy access to recreational facilities and cultural events are likely to attract long-term tenants. This is a trend observed in other desirable locations such as Dartmouth and Vancouver, where lifestyle amenities significantly impact rental demand.

Seasonal Market Trends: Timing Your Investment

Understanding seasonal market trends is essential for maximizing returns on multi-family investments in Penticton. The city's real estate market tends to be more active during the spring and summer months, when the weather is favorable, and tourism peaks. This seasonal influx of visitors can drive up demand for rental properties, providing lucrative opportunities for investors.

However, it's important to note that market trends can vary across different regions. For instance, the multi-family markets in Taylor and Vernon may experience different seasonal patterns. By staying informed about these trends, investors can strategically time their purchases and sales to capitalize on market fluctuations.

Conclusion: Making Informed Decisions

Investing in multi-family properties in Penticton requires a comprehensive understanding of various factors, including zoning regulations, resale potential, lifestyle appeal, and seasonal market trends. By leveraging expert insights and analyzing market data, investors can make informed decisions that align with their financial goals.

For those interested in exploring multi-family opportunities beyond Penticton, cities like Chilliwack offer diverse investment options. Whether you're a seasoned investor or a first-time buyer, understanding the nuances of each market is key to achieving success in the Canadian real estate landscape.