101 - 601 Ellis Street, Main North, Penticton
New Listing

101 - 601 Ellis Street

Main North, Penticton

101 - 601 Ellis Street

Main North, Penticton

$699,900

Bedroom icon4 Beds
Bathroom icon4 Baths
Squarefootage icon1,704 sqft

About this Duplex

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:14735)

Listed by Real Broker B.C. Ltd.

MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Norm Davies for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Browse Photos

Features

  • MLS®: 10391522
  • Type: Duplex
  • Bedrooms: 4
  • Bathrooms: 4
  • Square Feet: 1,704 sqft
  • Full Baths: 3
  • Half Baths: 1
  • Parking: 1 (Stall)
  • Storeys: 3 storeys
  • Year Built: 2015

Contact Norm now to see this property in person!

250-809-1875





Are you currently working with a Realtor®?