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$2,299,000
British Columbia,Penticton
For Sale Active
341 HAYNES Street, Penticton, British Columbia V2A5S1
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Basic Details
Description

Exceptional multi-family investment opportunity in the heart of downtown Penticton. This 12-unit apartment building offers a well-balanced suite mix consisting of 3 bachelor units, 1 bachelor plus den, and 8 one-bedroom units—appealing to a broad tenant demographic. The property benefits from long-term tenancy and consistent income performance, with a current CAP rate of 5.02%. A roof replacement completed in 2021

enhances the building’s overall stability and reduces near-term capital expenditure risk. Strategically located within walking distance to Okanagan Beach, the downtown core, restaurants, pubs, and the South Okanagan Events Centre, this asset sits in a highly desirable rental corridor with strong, sustained demand. An excellent holding property with stable cash flow and future rental upside potential in one of Penticton’s most walkable and vibrant neighbourhoods. Contact the listing representative for a detailed financial package and additional due diligence information. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 10388032
  • Price: $2,299,000
  • Year Built: 1969
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 278193
Features & Appliances
Features
  • Heating System: Baseboard heaters, Electric
  • Parking: Rear, Street
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Penticton, V2A5S1
  • Street: HAYNES
  • Street Number: 341
  • Street Suffix: Street
  • Longitude: W120° 24' 5.7''
  • Latitude: N49° 29' 49.7''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.27
  • Stories: 3.0
Financial
  • Tax Annual Amount: 10531.49
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Listing updated: 2026-06-20 14:59:10
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Listing Information
  • List Agent Key: 2009640
  • List Office Key: 278193
  • Modification Timestamp: 2026-05-19T20:26:01Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-05-19T20:23:57Z
Powered by REALTOR.ca
Listing updated: 2026-06-20 14:59:10
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