$10,500,000

43 & 83 Calgary Avenue, Penticton

Main North, Penticton, BC V2A2T7

Commercial

Listed by Chamberlain Property Group Inc. · John Green

About this property

Introducing 43 and 83 Calgary Avenue Apartments, a very special 55+ collection centrally located in Penticton, just steps from all essential amenities, offering safe and convenient senior rental living. Both buildings are in excellent condition and together comprise 46 units: 3 studios, 17 one-bedroom, and 24 two-bedroom apartments, each featuring pleasant and highly desirable layouts. Thanks to its prime location and the distinctive appeal of a 55+ community, this property represents a rare opportunity for investors seeking stable, high-demand rental housing. Suites lease quickly upon availability, providing consistent income and an opportunity to adjust rents to market levels. (id:67417)

Property details

Price

$10,500,000

MLS® number

10397473

Property type

Commercial · Multi-Family · Multi-family

Ownership

Freehold

Lot size

0.46 acres · 0.46

Year built

1994

Annual taxes

$25,726

Community

Main North, Penticton

Features

Heating

Baseboard heaters

Cooling

Window air conditioner

Parking

Rear

Community

Seniors Oriented

Water

Municipal water

Sewer

Municipal sewage system

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