Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
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$ 1,950,000
Est. payment | /mo

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$ 1,950,000
Est. payment | /mo
Save

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Main North

MLS® Listing ID 10370908

Source Association of Interior REALTORS®

Property Description

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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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Listed by Coldwell Banker Horizon Realty
RALPH RICHARDSON

+1(416) 523-6447

ralph@ralphrichardson.ca

119 Merton Street, Toronto

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173 Wade Avenue W