$ 1,428,000

631 Burns Street, Penticton

An excellent opportunity to acquire a well-located six-unit apartment building in the heart of downtown Penticton. This three-storey, walk-up building features six one-bedroom rental units, offering a desirable mix of location, convenience, and income potential. This mid century building offers the character and practical layout of a classic apartment building, with off-street parking and coin-operated laundry facilities for added tenant convenience. The location is a standout feature, with an exceptionally walkable downtown setting. Residents are just minutes from a wide variety of restaurants, pubs, shopping, schools, public transit, and everyday amenities. The property is also conveniently located near Penticton's vibrant downtown core and the many recreational and lifestyle amenities the city has to offer. With six one-bedroom units in a highly desirable rental location, this property presents an attractive opportunity for investors looking to add a multi-family asset to their portfolio or capitalize on the strong demand for centrally located rental housing in Penticton. (id:1945)
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Property details for 631 Burns Street, Penticton

Type
Multi-family
Lot Size
0.14
Parking
Rear
Heating
Baseboard heaters, Electric
Ownership
Freehold
Annual Taxes
$7,145

Nearby Listings Stat

Estimated price and comparable properties near 631 Burns Street

Active Listings
237
Min Price
$250
Max Price
$9,290,000
Avg Price
$845,350
Days on Market
111
days
Sold Listings
56
Min Sold Price
$192,500
Max Sold Price
$4,250,000
Avg Sold Price
$814,445
Days until Sold
111
days

Neighbourhood Census Data

Penticton, British Columbia / Colombie-Britannique

Population
763
Median Age
51.4
Median Income
$33,984
Dwelling Value
$375,756

Housing Tenure

Owners 48%
Renters 51%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.7
Pop. Density: 2,157.8/km²
Avg Shelter Cost: $1,162/mo
Owners with Mortgage: 63.4%
Owners Spending 30%+: 14.6%
Tenants Spending 30%+: 40%
English only: 91.4%
French only: 0.7%
English and French: 7.9%
Median Household Income: $54,400
Median Employment Income: $26,688

Price History

Listed
October 8, 2026
by Century 21 Amos Realty
Current Price
$1,428,000
Type
Multi-family
For Sale
631 Burns Street

Contact Agent Get in touch about 631 Burns Street, Penticton

Jenny Francisco
Jenny Francisco
Century 21 Amos Realty

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