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341 HAYNES Street, Penticton
2026-02-12
Quick Summary
- Location
- 341 HAYNES Street, Penticton, British Columbia V2A5S1
- Price
- $2,299,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1969
MLS®#10375774
Property Description
Exceptional multi-family investment opportunity in the heart of downtown Penticton. This 12-unit apartment building offers a well-balanced suite mix consisting of 3 bachelor units, 1 bachelor plus den, and 8 one-bedroom units—appealing to a broad tenant demographic. The property benefits from long-term tenancy and consistent income performance, with a current CAP rate of 5.21%. A roof replacement completed in 2021 enhances the building’s overall stability and reduces near-term capital expenditure risk. Strategically located within walking distance to Okanagan Beach, the downtown core, restaurants, pubs, and the South Okanagan Events Centre, this asset sits in a highly desirable rental corridor with strong, sustained demand. An excellent holding property with stable cash flow and future rental upside potential in one of Penticton’s most walkable and vibrant neighbourhoods. Contact the listing representative for a detailed financial package and additional due diligence information. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Recreation, Schools, Shopping
Building
- Fireplace: No
- Building Type: Multi-Family
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: 0.27 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Chamberlain Property Group
Listing information last updated on: 2026-02-12 22:02:27
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
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