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Renanza Realty
For sale

43 & 83 Calgary Avenue

Penticton, British Columbia

MLS® 10397473

$10,500,000

Status
Active
Property type
Multi-family
MLS® number
10397473
Bedrooms
Bathrooms
Year built
1994

Listing description

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.

Property summary

MLS® number
10397473
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
0.46 acres
Built in
1994
Annual property taxes
$25,725.67
Parking
Rear
Days on market
36 days

Features & details

Heating
Baseboard heaters
Cooling
Window air conditioner
Community features
Seniors Oriented

What would this home cost you?

Based on the $10,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$48,855 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Chamberlain Property Group Inc., Penticton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.