763 Government Street, Penticton, BC, V2A 4T5 - investment for sale | Listing ID 10310804

Investment For Sale In Penticton, British Columbia

$1,988,000

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763 Government Street, Penticton, BC - Outdoor With Balcony

763 Government Street, Penticton, BC - Outdoor With View

763 Government Street, Penticton, BC - Indoor

763 Government Street, Penticton, BC - Indoor Photo Showing Living Room

763 Government Street, Penticton, BC - Indoor Photo Showing Dining Room

763 Government Street, Penticton, BC - Indoor Photo Showing Bedroom

763 Government Street, Penticton, BC - Indoor Photo Showing Bathroom

763 Government Street, Penticton, BC - Outdoor With Exterior

763 Government Street, Penticton, BC - Indoor Photo Showing Office

763 Government Street, Penticton, BC - Indoor Photo Showing Kitchen With Double Sink

763 Government Street, Penticton, BC - Indoor Photo Showing Kitchen

763 Government Street, Penticton, BC - Outdoor

763 Government Street, Penticton, BC - Indoor Photo Showing Other Room

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763 Government Street, Penticton, British Columbia, V2A 4T5

$1,988,000

Property Information:

For the first time on the market – a fantastic investment opportunity! This 10-unit stratified condo apartment building includes 5 studio units and 5 one-bedroom apartments. Each unit is filled with natural light from numerous windows and features a balcony or patio area. The building is low maintenance, with only a fridge and stove in each unit, along with a coin-operated laundry room. There are a few covered parking stalls and open parking at the rear of the property. Conveniently situated near downtown, the hospital, grocery stores, and public transit. Enjoy the benefits of long-term tenants and an appealing cap rate. Reach out to the listing representative for more details. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Heating Type: Baseboard heaters
Heating Fuel: Electric

Property Features:

OwnershipType: Strata
Property Type: Multi-family
Built in: 1993
Community Features: Pets Allowed
Zoning Type: Unknown
Sewer: Municipal sewage system
Parking Type: Other

Courtesy of: Century 21 Amos Realty

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Market Price Trends

Location of 763 Government Street, Penticton, British Columbia, V2A 4T5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: Significant

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 763 Government Street , experiences 7 hot days per year at around 31.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.2 degrees Celsius.

Projected Avg. Temperature

Past

31.6℃

2050

35.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

13 storms expected in 2050

23/100

Significant

ClimateCheck®

Current data

This property, 763 Government Street , experiences 11 significant 2-day storms per year, with about 142.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 155.4mm of precipitation per year.

Precipitation Per Storm

Past

142.3mm

2050

155.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 763 Government Street, Penticton, British Columbia, V2A 4T5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,972.42

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.24 %

High school certificate or equivalent

37.42 %

Apprenticeship trade certificate/diploma

9.57 %

College/non-university certificate

20.16 %

University certificate (below bachelor)

0.26 %

University Degree

15.35 %

Commuter

Travel To Work

By Car

72.93 %

By Public Transit

1.98 %

By Walking

18.68 %

By Bicycle

0.4 %

By Other Methods

6.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.36 %

Houses

66.64 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 763 Government Street, Penticton, British Columbia, V2A 4T5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 763 Government Street, Penticton, British Columbia, V2A 4T5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

763 Government Street, Penticton, British Columbia, V2A 4T5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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