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