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:35966)
341 Haynes StreetPenticton, British Columbia, V2A5S1
Listing Details
Property Details
- Full Address:
- 341 HAYNES Street, Penticton, British Columbia
- Price:
- $ 2,299,000
- MLS Number:
- 10375774
- List Date:
- February 12th, 2026
- Neighbourhood:
- Main North
- Lot Size:
- 0.27 ac
- Year Built:
- 1969
- Taxes:
- $ 10,531
Interior Features
- Heating:
- Baseboard heaters, Electric
Building Features
- Storeys:
- 3
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Garage:
- Rear, Street
- Ownership Type:
- Freehold
- Taxes:
- $ 10,531
Floors
Land
- Lot Size:
- 0.27 ac
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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