Welcome to this quality-built half duplex with a LEGAL basement suite by Trainor Construction, completed in 2017 and ideally located in the heart of Penticton. Just steps to shopping, farmers market, breweries, transit, and schools! This is a prime opportunity for investors or homeowners seeking a mortgage helper. The upper unit offers a functional three-level layout with the main floor featuring an open living space and convenient guest bathroom. Upstairs includes 2 bedrooms and 2 full bathrooms and the 3rd bedroom is located on the lower level. This unit also includes a small fenced yard. Downstairs, the legal 1 bedroom, 1 bathroom suite has its own private entrance—perfect for rental income or Airbnb potential. Both suites include in-unit laundry, designated parking and are separately metered for utilities, offering flexibility and ease of management. The main residence is equipped with gas forced air heating and central A/C, while the lower suite features electric baseboard heat. Currently fully tenanted with solid income. A versatile and centrally located investment offering strong income potential and long-term value. NOTE: photos are from 2017 at time of construction. (id:44056)

Property Details

Full Address:
551 Ellis Street Unit# 101, Penticton, British Columbia
Price:
$ 719,000
MLS Number:
10382783
List Date:
April 9th, 2026
Lot Size:
0.05 ac
Year Built:
2017
Taxes:
$ 4,109

Interior Features

Bedrooms:
4
Bathrooms:
4
Air Conditioning:
Central air conditioning
Heating:
Baseboard heaters, Forced air, Electric, See remarks

Building Features

Architectural Style:
Multi-level
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Exterior:
Other
Garage:
Other, Street, Additional Parking
Garage Spaces:
2
Ownership Type:
Condo/Strata
Taxes:
$ 4,109

Floors

Finished Area:
1865 sq.ft.

Land

Lot Size:
0.05 ac

Neighbourhood Features

Amenities Nearby:
Pets Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Josh Janz
RE/MAX Penticton Realty

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