909 Fairview Road - Main photo, Penticton, British Columbia

909 Fairview Road - Photo 2 of 6, Penticton, British Columbia

909 Fairview Road - Photo 3 of 6, Penticton, British Columbia

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909 Fairview Road - Photo 1 of 6, Penticton, British Columbia

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$3,250,000

909 Fairview Road — Penticton, British Columbia

V2A5Z1

MLS® 10386430

1960Built

About This Property

Well-maintained two-storey apartment building in a prime walkable location — steps from downtown Penticton and all essential amenities. The property comprises 18 one-bedroom units, seven of these have been fully remodelled with updated kitchens, bathrooms, flooring, and paint. Recent capital improvements include a new boiler and pumps, hot water tank, additional laundry appliances, and a refurbished lobby with secure mailboxes. With no balconies or elevator, the building is exceptionally low-maintenance and operationally efficient. More than half the units remain substantially below market rent, and the property re-leases quickly with minimal vacancy exposure — each turnover a mark-to-market opportunity. Strong occupancy underpins stable cash flow, with a projected capitalization rate of 7.31% at full market rents (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Half Baths: 0
Year Built: 1960
Status: Active
MLS® Number: 10386430

Location & Neighborhood

What's nearby 909 Fairview Road

Nearby Schools

Penticton Christian School
K-12 School • Independent • K–12
0.3 km
Penticton Secondary
Secondary School • Public • 8–12 • French Immersion
0.5 km
Secondaire de Penticton
Secondary School • Public • 8–12 • Francophone
0.5 km
ConnectEd - Alternative Programs
Secondary School • Public • 8–12
0.6 km
ConnectEd - Online Learning
K-12 School • Public • K–12
0.7 km

Parks & Recreation

Kiawanis Park
park
0.6 km

Transit Access

Winnipeg at Fairview (SB)
Bus Stop
73m
Winnipeg at Fairview (NB)
Bus Stop
0.1 km
Fairview at Regina (NB)
Bus Stop
0.2 km
Fairview at Conklin (SB)
Bus Stop
0.2 km
Main at Nelson (SB)
Bus Stop
0.2 km

Local Amenities

Library

Penticton Public Library0.3 km

Dining

Bogners0.4 km
Kura0.7 km

Pharmacy

Shoppers Drug Mart0.5 km

Grocery

Safeway0.5 km

Coffee & Cafes

Starbucks0.5 km
Caffè d'Italia0.8 km

POI data updated 5/7/2026

Penticton Market Snapshot

483

Active Listings

Last updated: May 6, 2026

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