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Investment signal

$600,000

836 GOVERNMENT Street

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Beds

Baths

2 full + 1 half

Sqft

—

Year

1936

Type

Single Family

Suite

Investment signal

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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

This large family home offers over 1,600 square feet on the main floor, plus approximately 1,400 square feet in the partially finished basement. The main level features three generously sized bedrooms, a spacious kitchen, and convenient main floor laundry. The home is dated and ready for updating throughout, making it an excellent opportunity for buyers looking to renovate and add value. Priced at $177,000 below its assessed value of $777,000, this property presents strong upside potential. Situated on a 60’ x 170’ lot with lane access, this is also a great holding property with future potential. A solid investment opportunity in a redeveloping location. (id:65958)

Subtype: Single Family
Architectural style: Other
Structure: House
Community: Main North
Common interest: Freehold
Living area: 2,313 square feet
Lot size: 0.24 acres
Lot dimensions: 0.24
Parking: 4 total
Stories: 2
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $4,657
Photos: 43
MLS#: 10384627
Area: PENTICTON

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Stucco

Roof

Asphalt shingleUnknown

Negative cash flow ~$687/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

-6.87%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,723

Financing

Down payment$120,000

Loan amount$480,000

Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$500

CapEx reserve$250

Vacancy loss$150

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 $2,432/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 23, 2026.