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564, 576 & 580 ELLIS Street, Penticton, British Columbia, V2A 4M3

MLS® # 10324014
Investment For Sale In Penticton, British Columbia
$3,599,000
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor With Facade
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor With Facade
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor
564, 576 & 580 Ellis Street, Penticton, BC -
564, 576 & 580 Ellis Street, Penticton, BC - Indoor Photo Showing Kitchen
564, 576 & 580 Ellis Street, Penticton, BC - Indoor
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor
564, 576 & 580 Ellis Street, Penticton, BC - Indoor Photo Showing Living Room
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor With Facade
564, 576 & 580 Ellis Street, Penticton, BC - Other
564, 576 & 580 Ellis Street, Penticton, BC -
564, 576 & 580 Ellis Street, Penticton, BC - Other
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor With Facade
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor With Facade
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor
564, 576 & 580 Ellis Street, Penticton, BC -
564, 576 & 580 Ellis Street, Penticton, BC - Indoor Photo Showing Kitchen
564, 576 & 580 Ellis Street, Penticton, BC - Indoor
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor
564, 576 & 580 Ellis Street, Penticton, BC - Indoor Photo Showing Living Room
564, 576 & 580 Ellis Street, Penticton, BC - Outdoor With Facade
564, 576 & 580 Ellis Street, Penticton, BC - Other
564, 576 & 580 Ellis Street, Penticton, BC -
564, 576 & 580 Ellis Street, Penticton, BC - Other
Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $3,599,000 property in Penticton

Provided by TD Insurance
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564, 576 & 580 ELLIS Street, Penticton, British Columbia, V2A 4M3
$3,599,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Easy access
  • Amenities Nearby: Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski area
  • Built in: 2015
  • Community Features: Family Oriented
  • Features: Level lot
  • Landscape Features: Landscaped
  • Zoning Type: Residential
  • Sewer: Municipal sewage system
  • Parking Type: Other
  • No. of Parking Spaces: 9

Courtesy of: Chamberlain Property Group

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 564, 576 & 580 ELLIS Street, Penticton, British Columbia, V2A 4M3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 564, 576 & 580 ELLIS Street , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 564, 576 & 580 ELLIS Street , experiences 11 significant 2-day storms per year, with about 134.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 146.4mm of precipitation per year.

Precipitation Per Storm

Past
134.3mm
2050
146.4mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 564, 576 & 580 ELLIS Street, Penticton, British Columbia, V2A 4M3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$90,662.44

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.41 %

High school certificate or equivalent

32.6 %

Apprenticeship trade certificate/diploma

9.87 %

College/non-university certificate

24.15 %

University certificate (below bachelor)

0.19 %

University Degree

14.77 %

Commuter

Travel To Work

By Car

71.17 %

By Public Transit

1.92 %

By Walking

21.03 %

By Bicycle

1.99 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.28 %

Houses

35.72 %

Own Vs. Rent

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