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Investment signal

$400,000

219 Hastings Avenue

Save this home

Beds

2

Baths

1

Sqft

Year

1935

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

CLICK TO VIEW VIDEO: Opportunity awaits at 219 Hastings Ave, Penticton! Set on a spacious 0.119-acre lot with convenient back-lane access, this 2-bed, 1-bath home is perfect for buyers ready to enter the market or developers eyeing new construction potential. Inside, an open living room flows nicely into a quaint kitchen, complete with a full appliance package full-size washer and dryer. Ideal for a starter home or investment property. Off-street parking and a detached garage add convenience, while proximity to shopping centers and transit routes makes daily living effortless. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Main North
Common interest
Freehold
Living area
819 square feet
Lot size
0.12 acres
Lot dimensions
0.12
Parking
3 total
Stories
1
On market
Jul 11, 2025
Status changed
Apr 29, 2026
Annual tax
$2,758
Photos
16
MLS#
10355381
Area
PENTICTON

Features and systems

Parking

Detached GarageRearStreetAdditional Parking

Basement

Crawl space

Appliances

WasherOven - ElectricDishwasherRangeDryerWater Heater - Electric

Heating

Baseboard heatersElectric

Cooling

Window air conditioner

Exterior

Stucco

Flooring

Wood

Roof

Asphalt shingleUnknown
Negative cash flow ~$485/mo at these assumptions

Cash on cash

-7.27%

Cap rate

3.41%

GRM

16.7

Break-even rent

$2,510

Financing

Down payment$80,000
Loan amount$320,000
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$100

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.

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.

Mortgage estimate

Estimated $1,621/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 29, 2026.

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