$659,000
797 FORESTBROOK Drive
Beds
3
Baths
1
Sqft
—
Year
1956
About this home
Great opportunity for first-time buyers or savvy investors! This solid 3-bedroom rancher sits on a generous .156 acre corner lot in a highly convenient location—just steps to schools, parks, downtown amenities, and the scenic creek pathway. The home features a bright and spacious living room with original hardwood floors, a charming eat-in kitchen, and a functional layout with three well-sized bedrooms and a full bathroom—perfect for a young family or rental potential. Enjoy outdoor living with a large covered side deck and a private, fully fenced backyard offering plenty of space. Zoned R2 with future development potential, this property presents an excellent opportunity for redevelopment (subject to city approval), similar to the multi-family projects nearby. With strong growth and ongoing investment in the area, this is a smart buy now and hold or build opportunity. Rented presently to a really nice tenants on a month to month basis. Don’t miss out, great value in a growing neighborhood! (id:65958)
- Subtype
- Single Family
- Architectural style
- Ranch
- Lot size
- 0.16 acres
- MLS#
- 10383998
- Area
- PENTICTON
Cash on cash
-11.88%
Cap rate
3.51%
GRM
16.6
Break-even rent
$4,674
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.