Oakwyn Realty Ltd.
909 Fairview Road - Photo 1 of 6, Penticton, British Columbia
1 / 6
$3,250,000

909 Fairview Road — Penticton, British Columbia

V2A5Z1

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

Location & Neighborhood

What's nearby 909 Fairview Road

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Dining

Pharmacy

Grocery

Coffee & Cafes

POI data updated 5/7/2026

Penticton Market Snapshot

498

Active Listings

$624K

Median Price

—

Avg Days on Market

Last updated: May 6, 2026

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$3,250,000

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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