601 Ellis Street Unit# 101, Penticton

2026-06-16
 

Quick Summary

Location
601 Ellis Street Unit# 101, Penticton, British Columbia V2A4M5
Price
$699,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1704 sqft
Bedrooms:
4
Bathrooms:
4
Garages:
1
Year of Construction:
2015

MLS®#10391522

Property Description

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:32467)

Property Features

Building

  • Appliances: Refrigerator, Dishwasher, Range - Electric, Washer & Dryer
  • Architectural Style: Other
  • Construction Style: Semi-detached
  • Exterior Finish: Other
  • Fireplace: No
  • Flooring Type: Laminate
  • Interior Size: 1704 sqft
  • Building Type: Duplex
  • Stories: 3
  • Utility Water: Municipal water

Land

  • Land Size: 0.02 ac|under 1 acre
  • Sewer: Municipal sewage system

Maintenance Fee

  • Maintenance Fee: 0.00

Ownership

  • Type: Strata

Information entered by Real Broker B.C. Ltd
Listing information last updated on: 2026-06-29 16:53:46


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$500,000

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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.

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