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Investment signal

$199,999

1410 Penticton Avenue Unit# 208

Save this home

Beds

1

Baths

1

Sqft

Year

1976

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Penticton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 208–1410 Penticton Avenue in Penticton a great opportunity for first-time home buyers or investors. This 1 bedroom, 1 bathroom condo offers 647 sq ft of functional living space and is located on the second floor of the well-managed Riverbend Apartments. The unit features a spacious bedroom, a practical layout, and ample storage both inside the unit and with a separate storage locker. Shared laundry facilities are available in the building. Residents enjoy secured entry, elevator access, and an indoor pool, while strata fees include water, grounds maintenance, and professional management. Set in a quiet location next to Penticton Creek, this condo offers easy access to walking and biking paths, public transit right outside the building, and close proximity to schools, shopping, and a nearby golf course. The unit includes one designated covered parking stall and ample visitor parking. This building has no age restrictions, allows rentals, and permits pets with strata approval, making it ideal as an investment property or affordable first home. Excellent value in a desirable location — book your showing today. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Main North
Common interest
Condo/Strata
Living area
615 square feet
Parking
1 total
Condo/HOA fee
$251.99 monthly
Stories
1
On market
Jan 7, 2026
Status changed
Apr 21, 2026
Annual tax
$1,121
Photos
6
MLS#
10372214
Area
PENTICTON

Features and systems

Parking

Covered

Appliances

RangeHood Fan

Heating

Baseboard heatersElectric

Flooring

LaminateMixed Flooring

Roof

OtherUnknown

Lot

Balcony

Fee includes

Property ManagementGround MaintenanceInsurance
Positive cash flow ~$98/mo at these assumptions

Cash on cash

2.93%

Cap rate

5.45%

GRM

11.9

Break-even rent

$1,297

Financing

Down payment$40,000
Loan amount$159,999
Mortgage$811/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$92
Insurance$80
Maintenance$167
CapEx reserve$83
Vacancy loss$70

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $811/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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