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For Sale · Penticton

$2,589,000

328 NANAIMO Avenue W, Penticton

1968

Year built

About This Property

The details.

Welcome to a rare investment opportunity in the heart of beautiful downtown Penticton. This well-maintained 11-unit apartment building sits on three separate titles and offers a strong, diversified unit mix: 7 one-bedroom suites, 3 two-bedroom suites, and 1 studio apartment. Currently generating a 5.5% cap rate, this property provides immediate, stable returns with future upside potential. A major highlight of this...

Summarizing the highlights...

MLS® 10388006Listing courtesy of Chamberlain Property GroupView on map Street view

Property Details

Facts & features.

Property type: Multi-family
Ownership: Freehold
Year built: 1968
Lot size: 0.23 acres
Listed on: 2026-05-19
Days on market: 58
MLS number: 10388006
Data source: Association of Interior REALTORS®

Market intelligence

Statistics and history.

Days on market

Penticton median asking

$619K

100 active listings

New this week

100

100 active listings

Where this price sits in Penticton

$199KThis listing$2.6M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this propertyComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

Location

Where it sits.

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Penticton right now

100

Active listings

100

New this week

$619,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Malls + supermarkets: 8
Pharmacies + hospitals: 9
People in the immediate area: 481
Density per square km: 4,012
City population: 36,885
Median household income: $68,000

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.