156 Nanaimo Avenue E - Main photo, Penticton, British Columbia

156 Nanaimo Avenue E - Photo 2 of 23, Penticton, British Columbia

156 Nanaimo Avenue E - Photo 3 of 23, Penticton, British Columbia

156 Nanaimo Avenue E - Photo 4 of 23, Penticton, British Columbia

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156 Nanaimo Avenue E - Photo 1 of 23, Penticton, British Columbia

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$1,295,000

156 Nanaimo Avenue E — Penticton, British Columbia

V2A1M4

eXp Realty

MLS® 10402298

5,196Sq Ft

1940Built

About This Property

Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with significant long-term upside. The suite mix includes one 2-bedroom, five 1-bedroom units and one studio. Five units are currently tenanted with two vacant, providing a purchaser the opportunity to establish new tenancies and rents. Tenants pay their own electricity, while heat is supplied by a central boiler system and included in rent. Additional features include 400-amp electrical service and coin laundry. The property is C5 zoned and consists of two separate titles with lane access. The C5-zoned vacant lot directly behind the building at 313 Van Horne Street is also available separately, creating an interesting opportunity for investors considering the longer-term potential of the site. Buyers to verify development possibilities with the City of Penticton. (id:63357)

eXp RealtyMLS® 10402298

Property Location

Map

Property Details

Property Type: Detached
Half Baths: 0
Living Area: 5,196 sqft
Year Built: 1940
Stories: 3.0
Status: Active
MLS® Number: 10402298

Location & Neighborhood

What's nearby 156 Nanaimo Avenue E

Nearby Schools

ConnectEd - Alternative Programs
Secondary School • Public • 8–12
0.7 km
ConnectEd - Online Learning
K-12 School • Public • K–12
0.6 km
ConnectEd - Continuing Education
Elementary School • Public • K–7
0.6 km
Penticton Secondary
Secondary School • Public • 8–12 • French Immersion
0.8 km
Secondaire de Penticton
Secondary School • Public • 8–12 • Francophone
0.8 km

Parks & Recreation

Ellis Park
park
0.4 km
Veterans Memorial Park
park
0.5 km
Gyro Park
park
0.5 km

Transit Access

Ellis at E Nanaimo (NB)
Bus Stop
83m
E Nanaimo at Ellis (WB)
Bus Stop
0.1 km
E Nanaimo at Abbott (WB)
Bus Stop
0.1 km
E Wade at Van Horne (WB)
Bus Stop
0.2 km
E Wade at Ellis (EB)
Bus Stop
0.2 km

Local Amenities

Coffee & Cafes

Blenz Coffee0.2 km
Caffè d'Italia0.3 km

Pharmacy

Remedy'sRx0.2 km

Banking

Scotiabank0.3 km

Dining

Twisted Chopsticks0.3 km
Stillfood Bistro & Cappuccino Bar0.4 km

POI data updated 10/1/2026

Last updated: Oct 2, 2026

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