43 & 83 Calgary Avenue
Penticton, BC V2A2T7
$10,500,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 0.46 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $25,725.67
Interior
- Heating
- Baseboard heaters
- Cooling / A/C
- Window air conditioner
- Fireplace
- None
Parking
- Features
- Rear
Restrictions & Policies
- Age / occupancy
- Seniors-oriented community
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- 10397473
- Listed
- August 11, 2026
- Time on market
- On the market for 20 days
- Data last synced
- August 28, 2026
Listing provided by: Chamberlain Property Group Inc. · Data source: CREA DDF.
Description
Introducing 43 and 83 Calgary Avenue Apartments, a very special 55+ collection centrally located in Penticton, just steps from all essential amenities, offering safe and convenient senior rental living. Both buildings are in excellent condition and together comprise 46 units: 3 studios, 17 one-bedroom, and 24 two-bedroom apartments, each featuring pleasant and highly desirable layouts. Thanks to its prime location and the distinctive appeal of a 55+ community, this property represents a rare opportunity for investors seeking stable, high-demand rental housing. Suites lease quickly upon availability, providing consistent income and an opportunity to adjust rents to market levels. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Main North average
$457/sqft
6 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
13°C
Mainly Clear
Humidity 81%
Wind NNW 3 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
36,885
(2021 Census)
+9.3% since 2016
Density: 857.2/km²
Dwellings: 18,457
Median household income: $68,000
After-tax: $61,600
Immigrant population: 13.4%
Top countries of origin (% of total population)
- United Kingdom2.6% · 960
- India1.5% · 535
- United States of America1.1% · 415
- Germany1.1% · 390
- Philippines1% · 375
- Portugal0.5% · 200
- Netherlands0.5% · 175
- Korea, South0.3% · 110
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
67
7/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Holy Cross School(Independent) | Elementary/Middle | 322 m |
| Penticton Christian School(Independent) | K-12 | 348 m |
| Penticton Secondary | Secondary | 696 m |
| Secondaire de Penticton | Secondary | 696 m |
| ConnectEd - Alternative Programs | Secondary | 831 m |
| Entre-lacs | Elementary/Middle | 1.5 km |
| Queens Park Elementary | Elementary | 1.5 km |
| Uplands Elementary | Elementary | 2.0 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (4)
- Kura341 m
- Penticton Pizza & Subs738 m
- Casa Deli Bistro739 m
- Bogners · 302 West Eckhardt Avenue767 m
Cafes (2)
- Starbucks216 m
- Starbucks · 1636 Main Street690 m
Grocery (3)
- Safeway198 m
- Canadian Wholesale Club · Main Street559 m
- Penticton IGA · 1160 Government Street730 m
Parks (5+)
- Unnamed169 m
- Unnamed416 m
- Unnamed491 m
- Unnamed514 m
- Kiawanis Park580 m
Gyms (1)
- Unnamed227 m
Pharmacies (2)
- Shoppers Drug Mart121 m
- Sunrise Pharmacy · 749 Main Street714 m
Banks & ATMs (1)
- Unnamed198 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($2,100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.