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Home BC Greater Penticton Penticton
564, 576 & 580 ELLIS Street
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564, 576 & 580 ELLIS Street $3,599,000
$3,599,000
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564, 576 & 580 ELLIS Street
Penticton, British Columbia V2A4M3

MLS® Number: 10324014

Listing Description

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 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (37771049)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
3
Neighbourhood Name
Main North
Title
Freehold
Land Size
0.23 ac|under 1 acre
Built in
2015
Annual Property Taxes
$17,311.39
Parking Type
Other
Time on REALTOR.ca
57 days

Building

Bathrooms
Partial
0
Building Features
Features
Level lot
Present Use
Community Multi-Tenant
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
Family Oriented
Amenities Nearby
Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski area
Parking
Parking Type
Other
Total Parking Spaces
9

Measurements

Square Footage
10350 sqft

Land

Lot Features
Landscape Features
Landscaped, Level
Other Property Information
Access
Easy access
Zoning Type
Residential
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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