INVESTMENT OPPORTUNITY! Built in 2018, this fully tenanted fourplex offers an excellent turnkey investment. The property features two spacious 2-bedroom, 2-bathroom upper units (approximately 880 sq. ft. each) and two 1-bedroom, 1-bathroom lower units (approximately 680 sq. ft. each). All four units are individually metered, with tenants paying their own utilities, and each unit includes in-suite laundry. The property offers 3 parking stalls and is centrally located just steps from Safeway, Starbucks, Shoppers Drug Mart, BC Liquor Store, and other everyday amenities. (id:60457)

Room Type	Level	Dimensions

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Date	Status	Price	Change

Rate

Provider

Payment

3.79%

Coast Capital

$4,819

4.09%

Manulife

$4,995

4.19%

CIBC

$5,054

4.39%

National Bank

$5,173

4.49%

BMO

$5,234

4.59%

RBC

$5,294

4.59%

$5,294

4.84%

CWB

$5,447

5.59%

Community Trust

$5,917

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Pricing
Asking Price	$1,299,000
Price per Floor SqFt	$416
Taxes & Fees
Property Taxes

More Details
Additional Info
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Private Data

Year	Land	Impr.	Total	YoY%
2026	$660,000	$557,000	$1,217,000	+3.0%
2025	$660,000	$522,000	$1,182,000	-2.9%
2024	$660,000	$557,000	$1,217,000	-5.6%
2023	$609,000	$680,000	$1,289,000	+13.7%
2022	$530,000	$604,000	$1,134,000	+7.3%
2021	$330,000	$727,000	$1,057,000	-2.5%
2020	$311,000	$773,000	$1,084,000	-

Year	Land	Impr.	Total	YoY%	Taxes

Year	Land	Impr.	Total	YoY%
2026	$660,000	$557,000	$1,217,000	+3.0%
2025	$660,000	$522,000	$1,182,000	-2.9%
2024	$660,000	$557,000	$1,217,000	-5.6%
2023	$609,000	$680,000	$1,289,000	+13.7%
2022	$530,000	$604,000	$1,134,000	+7.3%
2021	$330,000	$727,000	$1,057,000	-2.5%
2020	$311,000	$773,000	$1,084,000	-

Property Photos

116 Calgary Avenue, Penticton, BC V2A 2T6

116 Calgary Avenue, Penticton, BC V2A 2T6

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Borhan Farjoo

Borhan Farjoo

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