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Investment signal

$679,000

433 HEALES Avenue

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Beds

Baths

Sqft

—

Year

1950

Type

Single Family

Suite

Suite potential

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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

Just two blocks from Okanagan Lake, this charming 3-bedroom detached home offers the perfect blend of lifestyle and convenience. Ideally located within walking distance to restaurants, brew pubs, the popular farmers market, and the sandy shores of Okanagan Beach, you’ll love being in the heart of it all. The home has seen numerous upgrades over the years including updated windows, a refreshed kitchen, and stainless steel appliances & newer A/C making it move-in ready or a solid investment opportunity. The spacious rear yard provides plenty of room for outdoor enjoyment and is ideal for pet owners. A detached wired garage/studio offers great flexibility perfect for a workshop, hobby space, or additional storage. Excellent tenants are currently in place on a month-to-month tenancy, providing immediate rental income with future flexibility. (id:65958)

Subtype: Single Family
Architectural style: Ranch
Structure: House
Community: Main North
Common interest: Freehold
Living area: 1,431 square feet
Lot size: 0.1 acres
Lot dimensions: 0.1
Parking: 2 total
Stories: 2
On market: Feb 24, 2026
Status changed: Apr 24, 2026
Annual tax: $4,174
Photos: 22
MLS#: 10376927
Area: PENTICTON

Features and systems

Parking

Detached Garage

Appliances

RefrigeratorRange - ElectricDishwasherMicrowaveWasher & Dryer

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Stucco

Roof

Asphalt shingleUnknown

Negative cash flow ~$762/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.74%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,202

Financing

Down payment$135,800

Loan amount$543,200

Mortgage$2,752/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$311

Insurance$80

Maintenance$566

CapEx reserve$283

Vacancy loss$170

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 $2,752/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 24, 2026.