601 Ellis Street Unit# 101, Penticton, British Columbia V2A 4M5

Listed for:
$699,900
4 beds
4 baths
Listed 15 days ago
Duplex for rent: 601 Ellis Street Unit# 101, Penticton, British Columbia V2A 4M5

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About

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:27476)

Property Highlights

MLS® Number
10391522
Type
Single Family
Community Name
N/A
Maintenance Fee
0.00
Ownership Type
Strata
Land Size
0.02 ac|under 1 acre
Parking Space Total
1

Building

Building Type
Duplex
Storeys
3.00
Square Footage
1704 sqft
Bathrooms Total
4
Bedrooms Total
4
Exterior Finish
Other
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Second level
8' x 4'11''
Bedroom
Second level
8' x 13'6''
Bedroom
Second level
8' x 9'10''
3pc Ensuite bath
Second level
9'1'' x 4'11''
Primary Bedroom
Second level
12'10'' x 15'4''
4pc Bathroom
Basement
8'9'' x 4'11''
Bedroom
Basement
10' x 10'9''
Kitchen
Basement
10'5'' x 6'1''
Living room
Basement
19'10'' x 15'3''
2pc Bathroom
Main level
6'11'' x 3'
Kitchen
Main level
16'6'' x 9'3''
Dining room
Main level
13'1'' x 9'
Living room
Main level
14' x 11'7''

Location

Learn more about this property
Listing provided by:
Real Broker B.C. Ltd
MLS® number:
10391522
Agent:
Chrysta Cleverley
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Street Spotlight - For sale