$615,000
 $3,301 est/mo Sourced by Back At You

506 Nelson Avenue,Penticton, BC V2A2L2

Penticton, BC V2A2L2

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Description

Opportunity is calling, and this one delivers. Centrally located and income-generating from day one, this versatile property is a smart move for investors and homeowners alike, whether you're growing a portfolio or letting a tenant help carry the mortgage. Two fully self-contained living spaces give you real options: the upper residence offers 2 bedrooms and a full bath, a bright living area, functional kitchen, and the everyday convenience of main-floor laundry, while the lower level features a private 530 sq.ft. 1-bed, 1-bath suite with its own laundry and separate backyard access. Both open onto a spacious, fully fenced yard made for summer living. Move in with confidence: a new roof and hot water tank, both completed in 2023, mean the big-ticket items are already handled and in 1995 new electrical, plumbing, windows & insulation were updated. Outside, generous front and rear yards, rear lane access, and ample parking leave plenty of room for multiple vehicles, the RV, and the boat. Minutes from shopping, schools, parks, transit, and everyday amenities, this is that rare blend of location, flexibility, and lasting value. Whether you're expanding your investments or offsetting your mortgage with rental income, opportunities like this don't wait. Come see it before it's gone. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:13843)

Details

MLS #10392992
Listing TypeFor Sale
StyleHouse
StatusActive
Year1940
Days On Site116
Listing Provided ByChamberlain Property Group Inc. | Shannon Simpson

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,586
Story(s)3
Acreage0.08
Property ViewMountain view, View (panoramic)

Interior

HeatingBaseboard heaters, Electric
AppliancesWasher, Refrigerator, Oven - Electric, Dryer, Washer/Dryer Stack-Up
Fireplace Yes / NoNo

Exterior

RoofAsphalt shingle, Unknown
Lot FeaturesLevel lot
FencingFence

Parking

Parking FeaturesOther, Rear, RV, Street, Additional Parking
Parking Total3

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount4234.4

Area Information

ProvinceBC
CityPenticton
Postal CodeV2A2L2
Listing VS Median (in V2A2L2)
Price:
$615,000
low | high
Med:
$615,000
50% of Average
sqft:
1,586
low | high
Med:
1,586
50% of Average
$ / sqft:
$388
low | high
Med:
$388
50% of Average
On site:
116
low | high
Med:
116
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityPenticton
Postal CodeV2A2L2
Listing VS Median (in V2A2L2)
Price:
$615,000
low | high
Med:
$615,000
50% of Average
sqft:
1,586
low | high
Med:
1,586
50% of Average
$ / sqft:
$388
low | high
Med:
$388
50% of Average
On site:
116
low | high
Med:
116
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $461K - $768K
sqft: 1,000 - 1,500
Listing Updated: September 29, 2026 at 5:18:04 AM PDT