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173 Wade Avenue W, Penticton
2025-10-21
Quick Summary
- Location
- 173 Wade Avenue W, Penticton, British Columbia V2A1T7
- Price
- $2,450,000
- Status:
- For Sale
- Property Type:
- Other
MLS®#10366029
Property Description
This exceptional investment opportunity features a 16-unit apartment building at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $900,000. Combined both properties for $3,400,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Residential Commercial Mix
Land
- Land Size: under 1 acre
Information entered by Coldwell Banker Horizon Realty
Listing information last updated on: 2025-11-12 19:28:02
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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