173 Wade Avenue W Penticton, British Columbia V2A 1T7
$1,950,000
This exceptional investment opportunity features a 16-unit apartment building, with a new roof at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $825,000. Combined both properties for $2,775,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:49203)
Property Details
| MLS® Number | 10370908 |
| Property Type | Other |
| Neigbourhood | Main North |
Building
| Type | Residential Commercial Mix |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Size Total Text | Under 1 Acre |
https://www.realtor.ca/real-estate/29180434/173-wade-avenue-w-penticton-main-north
Contact Us
Contact us for more information
Bill Raine
Personal Real Estate Corporation
www.rainegroup.ca/
311 - 3021 Louie Drive
West Kelowna, British Columbia V4T 3E2
(250) 768-8001
(250) 868-2488
www.kelownarealestate.com/
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December 11 2025 06:18:50
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