341 Haynes Street Penticton, British Columbia V2A 5S1
Baseboard Heaters
$2,299,000
Exceptional multi-family investment opportunity in the heart of downtown Penticton. This 12-unit apartment building offers a well-balanced suite mix consisting of 3 bachelor units, 1 bachelor plus den, and 8 one-bedroom units—appealing to a broad tenant demographic. The property benefits from long-term tenancy and consistent income performance, with a current CAP rate of 5.02%. A roof replacement completed in 2021 enhances the building’s overall stability and reduces near-term capital expenditure risk. Strategically located within walking distance to Okanagan Beach, the downtown core, restaurants, pubs, and the South Okanagan Events Centre, this asset sits in a highly desirable rental corridor with strong, sustained demand. An excellent holding property with stable cash flow and future rental upside potential in one of Penticton’s most walkable and vibrant neighbourhoods. Contact the listing representative for a detailed financial package and additional due diligence information. (id:58301)
Property Details
| MLS® Number | 10388032 |
| Property Type | Multi-family |
| Neigbourhood | Main North |
| Amenities Near By | Park, Recreation, Schools, Shopping |
Building
| Constructed Date | 1969 |
| Fire Protection | Smoke Detector Only |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Street | |
| Rear |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Park, Recreation, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.27 |
| Size Total | 0.27 Ac|under 1 Acre |
| Size Total Text | 0.27 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/29772349/341-haynes-street-penticton-main-north
Contact Us
Contact us for more information
Kirk Chamberlain
Chamberlain Property Group
200-525 Highway 97 South
West Kelowna, British Columbia V1Z 4C9
200-525 Highway 97 South
West Kelowna, British Columbia V1Z 4C9
(778) 755-1177
www.chamberlainpropertygroup.ca/
Tina Johns
Chamberlain Property Group
160 - 21 Lakeshore Drive West
Penticton, British Columbia V2A 7M5
160 - 21 Lakeshore Drive West
Penticton, British Columbia V2A 7M5
(778) 476-7778
(778) 476-7776
www.chamberlainpropertygroup.ca/
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May 19 2026 08:23:57
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Chamberlain Property Group