REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Maxime Grondin

max.grondin@engelvoelkers.com +1(613) 324-2553

$ 699,900

Est. payment -/mo

Save

New

601 Ellis ST #101 Penticton, BC V2A4M5

4 Beds

4 Baths

1,704 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1704

Square Footage 1,704 sqft

Price per Sqft $410

Subdivision Main North

MLS® Listing ID 10391522

Style Other

Bedrooms 4

Half Baths 1

Year Built 2015

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Strata

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:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Second level 8' x 4'11'' 4pc Bathroom

Extra Room 2 Second level 8' x 13'6'' Bedroom

Extra Room 3 Second level 8' x 9'10'' Bedroom

Extra Room 4 Second level 9'1'' x 4'11'' 3pc Ensuite bath

Extra Room 5 Second level 12'10'' x 15'4'' Primary Bedroom

Extra Room 6 Basement 8'9'' x 4'11'' 4pc Bathroom

Interior

Heating Baseboard heaters,

Flooring Laminate

Exterior

Parking Features No

Fence Fence

Community Features Pets Allowed

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Architectural Style Other

Others

Ownership Strata

Listed by Real Broker B.C. Ltd

NEARBY SCHOOLS & PROPERTIES

Maxime Grondin

Salesperson

+1(613) 324-2553

GET MORE INFORMATION