551 Ellis Street Unit# 101 & 102

Price$ 1,438,000 | | CityPenticton

Welcome to this quality-built duplex with LEGAL basement suite(s) by Trainor Construction, completed in 2017 and ideally located in the heart of Penticton. Just steps to shopping, farmers market, breweries, transit, and schools! This is a prime opportunity for investors or homeowners seeking a mortgage helper. The upper unit offers a functional three-level layout with the main floor featuring an open living space and convenient guest bathroom. Upstairs includes 2 bedrooms and 2 full bathrooms and the 3rd bedroom is located on the lower level. This unit also includes a small fenced yard. Downstairs, the legal 1 bedroom, 1 bathroom suite has its own private entrance—perfect for rental income or Airbnb potential. Both suites include in-unit laundry, designated parking and are separately metered for utilities, offering flexibility and ease of management. The main residence is equipped with gas forced air heating and central A/C, while the lower suite features electric baseboard heat. Currently fully tenanted with solid income. A versatile and centrally located investment offering strong income potential and long-term value. NOTE: photos are from 2017 at time of construction. (id:64460)

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Property Specifications
Full Address:
551 Ellis Street Unit# 101 & 102, Penticton, British Columbia
Price:
$ 1,438,000
MLS Number:
10382800
List Date:
April 9th, 2026
Neighbourhood:
Main North
Square Footage:
3730 sq.ft.
Year Built:
2017
Taxes:
$ 8,493
Interior Features
Bedrooms:
8
Bathrooms:
8
Appliances:
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
Air Conditioning:
Central air conditioning
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Basement:
Full
Building Features
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Other
Garage:
Other, Street, Additional Parking
Parking/Garage Spaces:
4
Ownership Type:
Condo/Strata
Taxes:
$ 8,493
Floors
Finished Area:
3730 sq.ft.
Land
Neighbourhood Features
Amenities Nearby:
Pets Allowed
Ratings
Location
Neighbourhood Details
REALTOR® Details
Agent: Josh Janz Office: RE/MAX Penticton Realty Data provided by: Association of Interior REALTORS®

About the Area

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