$10,500,000

43 & 83 Calgary Avenue, Penticton, British Columbia, V2A 2T7

MLS® # 10397473

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Penticton BC, V2A 2T7

MLS® # 10397473

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Fire Protection: Security
Heating Type: Baseboard heaters
Cooling Type: Window air conditioner

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1994
Community Features: Seniors Oriented
Irregular: Yes
Lot Size: 0.46 Acres
Sewer: Municipal sewage system
Parking Type: Rear

Courtesy of: Chamberlain Property Group Inc.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 43 & 83 Calgary Avenue, Penticton, British Columbia, V2A 2T7

Lifestyle
Neighbourhood

Demographic Information of 43 & 83 Calgary Avenue, Penticton, British Columbia, V2A 2T7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$91,520.07

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.28 %

High school certificate or equivalent

35.39 %

Apprenticeship trade certificate/diploma

10.55 %

College/non-university certificate

22.44 %

University certificate (below bachelor)

0.68 %

University Degree

13.66 %

Commuter

Travel To Work

By Car

70.69 %

By Public Transit

0.5 %

By Walking

22.14 %

By Bicycle

4.11 %

By Other Methods

2.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.86 %

Houses

47.14 %

Own Vs. Rent