173 Wade Ave W

For Sale New 44 hours
$2,450,000
beds
baths

173 Wade Ave W

For Sale New 44 hours
$2,450,000
beds
baths

Highlights

Key insights

Description

This exceptional investment opportunity features a 16-unit apartment building at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $900,000. Combined both properties for $3,400,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:63267)

Bill Raine of Coldwell Banker Horizon Realty,
#10366029
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Location
  • Subdivision
    Main north
  • Zoning description
    Unknown
Overview
  • Lot size (acres)
    0.0
  • Listing #
    10366029
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29016355/173-wade-avenue-w-penticton-main-north
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-6,533

/ Month
25 Years fixed, 20% down payment, % interest
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%
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