Ideal central location for this development opportunity! This two lot land assembly has the potential you are looking for with 125 feet of frontage on Laurier avenue comprised of two titles yielding 16,590 sq ft (0.38 acres of land) approximately. Current zoning is MF1 with future zoning in the 2040 official community plan of core neighbourhood future land use C-NHD Urban Core potentially for medium density apartment housing. The two homes on site currently have long term tenants which would support revenue to the buyer while moving forward. Property taxes shown are both parcels combined. Buyers should perform their own due diligence to confirm intended potential development. (id:2493)More details
564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:2493)More details
Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95,500. The building is a little tired and requires a little work! The 2024 assessment value is $1,503,000. Only asking $155,444 per unit. (id:2493)More details
Village Mobile Home Park is a great multi family investment with 15 units, situated on a level, 2 acre parcel with city water and septic system. Ideally set up for both a lifestyle or absentee owner, this modular home community has seen recent capital upgrades to its complete water system. Full package available upon request. (id:2493)More details
Brand NEW Entire TRIPLEX + Individually Registered Strata Titles in Oliver, BC. Includes all appliances and Includes the GST! Expected rent $2750 per unit or $8250/mo. Estimated Cap Approximately 5%. Overall Building Size 6750sq.ft. Welcome to Peach Terrace, your gateway to modern living in the heart of a family-friendly neighbourhood! All Units are 3-bedroom, 3-bathroom homes that have been thoughtfully designed to offer the perfect blend of space, style, and convenience. Step inside this contemporary oasis and be adorned by high 9' ceilings that invite natural light to illuminate every corner. This kitchens are true a culinary masterpieces: Quartz countertops, stainless steel appliances, peninsular bar, a walk-in pantry. If you're preparing a quick weekday meal or hosting a dinner party, this kitchen is seamlessly connected to a private covered patio area! Upper-floor laundry for added convenience, an actual double car garage (21' x 20') for each unit, Plus, an extra paved parking space. Stay comfortable and energy efficient in every season with ductless heating and A/C: Each bedroom occupant can select their perfect temperature! Peach view Terrace is more than just a home; it's a lifestyle. Modern amenities and proximity to schools, restaurant, downtown shopping in Oliver: the working heart of the South Okanagan Valley. Bonus: Fully fenced Yards. Buy, Rent + Hold! This property is being sold well below construction, land and replacement cost. (id:2493)More details
EXTRAVAGANT WATERFRONT ESTATE! This property features agritourism zoning, permitting up to 5 permanent structure sleeping units, affording great potential for expansion and additional living structures. Professional Drawings are available for AirBnB suites over the garage. A legal carriage home offers two beds and two baths, providing flexibility and convenience. Moreover, take advantage of the grandfathered zoning allowing for the rental of six beach lots, ensuring lucrative passive income. Boasting two residences, along with a remarkable detached shop, nestled on 5+ acres of prime waterfront property, this estate is truly unparalleled. With a staggering 1000 feet of private beachfront and a dock equipped with hydraulic lifts and integrated lighting, every aspect of waterfront living has been meticulously curated. The main residence with five beds and four baths, exudes elegance and sophistication with high-end finishes, breathtaking lake views, and luxurious amenities such as a butler's pantry, theatre room, and a master suite fit for royalty, complete with a fireplace, private deck, and opulent ensuite bathroom. Ample garage space, totaling over 3200 sq.ft., includes a hoist bay and mezzanine office, catering to automotive enthusiasts and professionals alike. Step outside to discover meticulously manicured landscaping, flourishing fruit trees, and an outdoor kitchen/wet bar, perfect for entertaining guests against the backdrop of stunning lake vistas. (id:2493)More details
Own a 1/4 share in this world class resort overlooking the Osoyoos lake and mountains at Spirit Ridge Resort. This beautifully appointed 3-bedroom, 3-bathroom suite provides the resort experience, professionally managed by the Unbound Collection by Hyatt. The open concept living space, with high end finishes including stainless steel appliances, granite countertops, and ample storage. Enjoy the fireplace in the comfortable and spacious master suite, featuring a gorgeous ensuite bathroom to relax and unwind after a day visiting local wineries, or golfing, or sampling the local produce. The remaining two additional bedrooms and bathrooms are available for family or guests, providing the same level of comfort. Enjoy the amenities at Spirit Ridge, including the Nk'nip Winery, Sonora Dune Golf Course, the pool, sauna, hot tub, fitness center, restaurant, market, and conference center. (id:2493)More details
PRIME DEVELOPMENT OPPORTUNITY IN PEACHLAND, BC! 3.23 acres of prime real estate with breathtaking, unobstructed views of Okanagan Lake and the surrounding mountains. This property has passed the first, second, and third readings with the District of Peachland and is awaiting final approval for up to 31 doors - think townhomes - each offering stunning lake vistas. Located minutes from the lakefront and boardwalk, where future residents can enjoy a stroll along the beach, explore downtown shops and restaurants, and indulge in recreational activities like skiing, swimming, boating, and hiking. Close to all essential amenities, this is a rare chance to develop a premier project in Peachland, BC. Peachland is known for its scenic beauty and vibrant community, attracting both locals and tourists. The Okanagan region's real estate market is robust, with strong growth and high rental demand. All necessary preliminary details and plans are prepared, streamlining the development process. Proximity to quality schools, healthcare facilities, and recreational centers make this an ideal location for families and retirees. Additionally, there is potential to incorporate green building practices and energy-efficient designs, adding long-term value. Contact your real estate agent today to find out more about this exceptional opportunity! ***The Buyer shall be solely responsible for the payment of any Goods and Services Tax (GST) applicable to the purchase of the property. (id:2493)More details
Affordable Investment Opportunity! This solid 8 unit apartment building is located in the heart of Penticton. This property has been owned long term by the same family for many decades. This 8 unit building consists of 6 one bedroom units and 2 two bedroom apartments. Long term tenant base provides stable income with little or no vacancy in the last 5 years. With projected low vacancies and upward pressure on rental rates for the foreseeable future, there is plenty of upside for investment return. This building is centrally located in Penticton’s downtown core, this popular location is close to schools, shopping and only a few blocks from the beach! This is your opportunity to have a solid investment in one of the Okanagan’s prime locations. Call today for more information. (id:2493)More details
If you are looking for a 6-plex revenue property that has been maintained and always rented this may be it. Bonus-- it has six titles for each 2 bedroom, 1 bathroom unit!! Separate hot water tanks in each unit as well as separately metered. Shared coin laundry, off street parking, storage on main floor. All units have been refurbished-paint and flooring over the last few years as well as all main area flooring last year and exterior upgrades. Roof in good shape-no issues. (id:2493)More details
Exceptional Development Opportunity in Peachland, BC. A prime Lakeview site on 5.14 acres. All utilities close or adjacent to the property including sewer. Very close to the new proposed 9 hole golf course at Ponderosa. ( Proposed opening Fall 2026). Located above Eagle's View townhome development, the original plan was 3 buildings 3 stories, 16 units per building. (48 units) New planned road between Ponderosa Drive over to Victoria Road per the Ponderosa development plan with the district of Peachland will help with traffic in the area. Development concept subject to District of Peachland. Current zoning is RM3- Residential Medium Density. (id:2493)More details
This is an ideal family business that operates year-round in recreational commercial zoning which allows for a dwelling for the owner, manager or employee of the operation. 3-Story Sugar Lake timber frame log home featuring 5 suites is a great buying opportunity as an investment property, restaurant, or residential mortgage Helper in this pristine tourist area. The 1600 sq. foot main floor could be converted into more suites, a single suite, or partitioned off to include dwelling unit(s) while keeping the turn-key restaurant. Let your imagination make the most of this unique and popular property which is located on the Sugar Lake recreational properties development. Spend your summers on the lake and your winters on sleds in the crown land nearby. The fully Furnished Penthouse and 4 studio kitchenette/bedroom Suites can be rented year-round for extra income while you live and/or work on the main floor. Let your imagination place you in this attractive Lodge in a rare lake setting with large decks and gorgeous mountain and lake views. Boat slips, satellite internet available as well as the opportunity to take over the management contract for the whole 67 lot development. School, shopping and golf in nearby Cherryville, North Okanagan. Suite appliances and furniture included. Commercial kitchen equipment also included. Sellers may be willing to consider some financing, if needed, or trade for other property. Monthly Maintenance. Fee only $246.73 (2023). (id:2493)More details