Multi-Family Buildings For Sale
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909 Fairview Road in Penticton: Multi-family for sale : MLS®# 10403482
909 Fairview Road Penticton V2A 5Z1 
$2,995,000Multi-family- Status:
- Active
- MLS® Num:
- 10403482
Well-maintained two-storey apartment building in a prime walkable location, steps from downtown Penticton and all essential amenities. The property offers 18 generously sized one-bedroom suites, eight of which have been renovated with updated kitchens, bathrooms, flooring and paint. Recent capital improvements include a new boiler system and pumps, a new hot water tank, additional laundry equipment, and a refurbished lobby with secure mailboxes. With no balconies or elevator, the building is low-maintenance and efficient to operate. Ten of the 18 suites are renting $365 to $790 per month below market, and suites re-lease quickly on turnover. Each vacancy is an opportunity to mark rents to market. The property delivers a 5.4% cap rate on current rents, with a projected 7.6% at full market rents. That’s over $64,000 in additional annual NOI for a buyer to capture. (id:2493) More detailsListed by Chamberlain Property Group Inc.
- CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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631 Burns Street in Penticton: Multi-family for sale : MLS®# 10402133
631 Burns Street Penticton V2A 4X2
$1,428,000Multi-family- Status:
- Active
- MLS® Num:
- 10402133
An excellent opportunity to acquire a well-located six-unit apartment building in the heart of downtown Penticton. This three-storey, walk-up building features six one-bedroom rental units, offering a desirable mix of location, convenience, and income potential. This mid century building offers the character and practical layout of a classic apartment building, with off-street parking and coin-operated laundry facilities for added tenant convenience. The location is a standout feature, with an exceptionally walkable downtown setting. Residents are just minutes from a wide variety of restaurants, pubs, shopping, schools, public transit, and everyday amenities. The property is also conveniently located near Penticton's vibrant downtown core and the many recreational and lifestyle amenities the city has to offer. With six one-bedroom units in a highly desirable rental location, this property presents an attractive opportunity for investors looking to add a multi-family asset to their portfolio or capitalize on the strong demand for centrally located rental housing in Penticton. (id:2493) More detailsListed by Century 21 Amos Realty - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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156 Nanaimo Avenue E in Penticton: Multi-family for sale : MLS®# 10402298
156 Nanaimo Avenue E Penticton V2A 1M4
$1,295,000Multi-family- Status:
- Active
- MLS® Num:
- 10402298
- Floor Area:
- 5,196 sq. ft.
Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with significant long-term upside. The suite mix includes one 2-bedroom, five 1-bedroom units and one studio. Five units are currently tenanted with two vacant, providing a purchaser the opportunity to establish new tenancies and rents. Tenants pay their own electricity, while heat is supplied by a central boiler system and included in rent. Additional features include 400-amp electrical service and coin laundry. The property is C5 zoned and consists of two separate titles with lane access. The C5-zoned vacant lot directly behind the building at 313 Van Horne Street is also available separately, creating an interesting opportunity for investors considering the longer-term potential of the site. Buyers to verify development possibilities with the City of Penticton. (id:2493) More detailsListed by eXp Realty - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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2003 37 Avenue in Vernon: Multi-family for sale : MLS®# 10400204
2003 37 Avenue Vernon V1T 2W9
$1,799,900Multi-family- Status:
- Active
- MLS® Num:
- 10400204
- Floor Area:
- 5,909 sq. ft.
Rare re-development acquisition opportunity for just under half an acre of multifamily zoned residential development land. New architect renderings for three (3) new development options for townhomes and multifamily apartments with expansive city & lake views. One of the few redevelopment sites ever offered on the East Hill in Vernon. Excellent location, close to town, this rectangular 120 by 182-foot, 0.49-acre, 21,344 SF site with 117 ft of frontage and multiple rear laneway access points. The Lands come improved with a 5,909 square foot, 2-storey, multifamily conversion apartment building that produces good holding income with a suite mix of Five (5) 1-bedroom suites and five (5) studios. The building produces an annual gross income of $135,547.44 or $11,295.62 monthly with more near-term tenant turnovers anticipated to create significant rental increases. The new MUS - Multi-unit: Small Scale zoning allows for a range of small-scale housing development up to 3 Storeys in Height, including detached, attached, and multi-unit housing on lots under 4,050 square meters (1 acre) Zoning permits up to 24 Dwelling Units per acre which makes the site suitable for 12 Strata Title Units. Property not in Heritage Registry. Foundation is poured concrete encased rock, interior finishes include painted wood panel with wainscot/chair railed areas and a mix of carpet, vinyl, laminate, hardwood & tile flooring. Don't miss this rare opportunity to secure a solid income producing asset with excellent redevelopment potential. (id:2493) More detailsListed by Business Finders Canada - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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4200 30 Street in Vernon: Condo for sale : MLS®# 10400143
4200 30 Street Vernon V1T 5G3
$3,265,000Multi-family- Status:
- Active
- MLS® Num:
- 10400143
INVESTORS TAKE A LOOK! Forge Commons is being offered as a rare opportunity to acquire all five brand-new townhomes as one multi-family investment package. Five modern, pet-friendly, 3-bedroom + den/office townhomes in a convenient Vernon location. Each unit offers spacious open-concept living, modern finishes, 2.5 bathrooms, dedicated parking, and layouts that work exceptionally well for families, professionals, and long-term tenants. The location adds another layer of appeal. Close to schools, shopping, restaurants, recreation, arena, performing arts centre and Vernon’s new active living facilities, Forge Commons puts tenants close to the things that matter most. For an investor, the opportunity is simple: five brand-new homes, strong rental potential, low-maintenance construction, and a product that should appeal to a broad tenant pool. Pet-friendly, family-friendly and built for modern living. Five units. One opportunity. A turnkey multi-family investment in the heart of Vernon. (id:2493) More detailsListed by RE/MAX Vernon - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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117 Vermillion Avenue in Princeton: Multi-family for sale : MLS®# 10400499
117 Vermillion Avenue Princeton V0X 1W0
$1,049,000Multi-family- Status:
- Active
- MLS® Num:
- 10400499
- Floor Area:
- 8,000 sq. ft.
AN IMPRESIVE 10%+ CAP RATE INVESTMENT AND DEVELOPMENT OPPERTUNITY in the heart of Princeton! Generating approx. $12,000/month from 9 units, this property delivers strong cash flow with a significant upside. An additional approx. 3000 sq ft of unused space on the second floor provides further income potential. Extensive upgrades include new plumbing throughout, updated electrical with 7 individual meters, plus new flooring and paint in most units. Many suites have kitchen and bathroom upgrades as well.The development upside is a huge bonus, initial conceptual drawings have been complete and initial discussions with town have been conducted with huge support. Princeton is a pro development community experiencing major growth, with new builds up to 6 storeys. There is a sever housing shortage and the vacancy rate is below 1%, Princeton is quickly becoming a market for developers and investors. Strong income and incredible future value. (id:2493) More detailsListed by Luxmore Realty - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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282 97B Highway in Enderby: Multi-family for sale : MLS®# 10397797
282 97B Highway Enderby V0E 1V3
$3,000,000Multi-family- Status:
- Active
- MLS® Num:
- 10397797
Outstanding Revenue Property located minutes from Gardom Lake! This 3.48-acre, highway commercial zoned lot comes improved with 19 separate residential suites featuring eleven (11) mobile homes, three (3) cabins, including a duplex cabin, two (2) suites above grade in the shop & two (2) pad rentals. All units are serviced with water and septic, cablevision, natural gas, electrical, gravel driveways & landscaping. Given the location along the well-traveled highway corridor between Enderby & Salmon Arm and given the sites’ highway commercial zoning with +/- 380 ft of highway frontage & service road, a range of possible service, recreation or retail-oriented uses would be feasible, including servicing the on-going demand for RV/Cabin-based lodging. Site improvements include two (2) drilled wells, several septic systems servicing the 19 units + three (3) transformers & 400-amp service provide plenty of power & water. The property has benefitted from a regular schedule of maintenance & upgrades. Also included is an +/- 1,980 SF shop building with 16ft ceilings, mechanical room + two (2) bachelor suites above grade. Opportunities to acquire income producing assets with flexible highway commercial zoning like this rarely come to market. The property produces $221,972.52 of gross annual revenue. Surplus land may be suitable for mobile home park expansion or some other use within the permitted C-2 zoning. (id:2493) More detailsListed by Business Finders Canada - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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43 & 83 Calgary Avenue in Penticton: Multi-family for sale : MLS®# 10397473
43 & 83 Calgary Avenue Penticton V2A 2T7
$10,500,000Multi-family- Status:
- Active
- MLS® Num:
- 10397473
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:2493) More detailsListed by Chamberlain Property Group Inc. - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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3601 31 Street in Vernon: Multi-family for sale : MLS®# 10393562
3601 31 Street Vernon V1T 5J4
$945,000Multi-family- Status:
- Active
- MLS® Num:
- 10393562
- Floor Area:
- 2,500 sq. ft.
Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:2493) More detailsListed by RE/MAX Vernon - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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1604 31 Street in Vernon: Multi-family for sale : MLS®# 10386799
1604 31 Street Vernon V1T 5G8
$9,630,000Multi-family- Status:
- Active
- MLS® Num:
- 10386799
Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:2493) More detailsListed by Marcus & Millichap and REMAX Kamloops - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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3710-3712 24 Avenue in Vernon: Condo for sale : MLS®# 10386053
3710-3712 24 Avenue Vernon V1T 1L9
$2,200,000Multi-family- Status:
- Active
- MLS® Num:
- 10386053
Investors. How interested would you be in an investment 2 bedroom townhome for only $157,143? How about 14 of them, all at $157,143? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00 and averaging $1179.00 per month. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing. (id:2493) More detailsListed by RE/MAX Vernon - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
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350, 380, 351, 381 Shuswap and 1st Street SE in Salmon Arm: Multi-family for sale : MLS®# 10384025
350, 380, 351, 381 Shuswap and 1st Street SE Salmon Arm V1E 4H8
$2,590,000Multi-family- Status:
- Active
- MLS® Num:
- 10384025
- Floor Area:
- 9,400 sq. ft.
This 1.22 acre assembly represents current investment revenue for immediate cash flow, coupled with the possibility of future development to high density. Situated in walkable location, in close proximity shopping centers and downtown Salmon Arm. The site currently consists of four lots under four separate titles, featuring a total of 16 rental units organized into four well-maintained fourplexes. These units are occupied by stable, long-term tenants on month-to-month agreements, providing a reliable revenue stream, currently providing an estimated 5.5% Cap Rate. The makeup consists of 15 two bedroom apartments and 1 one bedroom apartment, ranging in size from 450 square feet to 850 square feet. There is 1 two story home with 4 units, two one level with 4 units on crawl spaces and another one level on a full basement. The full basement has a shop space, storage and a shared laundry for the tenants providing another source of revenue. Designated parking and easy access for all tenants. The future potential of the combining of the lots and rezoning to a higher density is part of the Official Community Plan for Salmon Arm and lends itself to many different options to find the right project. (id:2493) More detailsListed by Royal LePage Access Real Estate - CARLO GIUSTO Personal Real Estate Corporation
- RE/MAX KELOWNA
- 1 (250) 801-2129
- Contact by Email
Data was last updated October 25, 2026 at 06:45 PM (UTC)
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