551 Ellis Street Unit# 101 & 102
Penticton, BC V2A4M4
$1,399,800
Property Details
Property & Lot
- Sub-type
- Duplex
- Stories
- 2
Ownership & Fees
- Property type
- Duplex
- Ownership
- Strata
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $8,493
Interior
- Basement
- Full
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Other
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Other, Street, Additional Parking
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 10'8'' x 14'3'' |
| 4pc Ensuite bath | Second level | — |
| Bedroom | Second level | 10' x 11'4'' |
| 4pc Bathroom | Second level | — |
| Living room | Main level | 12'8'' x 14'2'' |
| Kitchen | Main level | 10'5'' x 12'4'' |
| Dining room | Main level | 9' x 12'3'' |
| 2pc Bathroom | Main level | — |
| Living room | Basement | 11'8'' x 14' |
| Kitchen | Basement | 8' x 9' |
| Bedroom | Basement | 10'8'' x 10'9'' |
| Bedroom | Basement | 9'4'' x 10' |
| Partial bathroom | Basement | — |
| Primary Bedroom | Second level | 10'8'' x 14'3'' |
| Living room | Basement | 11'8'' x 14'0'' |
| Living room | Main level | 12'8'' x 14'2'' |
| Kitchen | Basement | 8'0'' x 9'0'' |
| Kitchen | Main level | 10'5'' x 12'4'' |
| 4pc Ensuite bath | Second level | — |
| Dining room | Main level | 9'0'' x 12'3'' |
| Bedroom | Basement | 9'4'' x 10'0'' |
| Bedroom | Basement | 10'8'' x 10'9'' |
| Bedroom | Second level | 10'0'' x 11'4'' |
| 4pc Bathroom | Basement | — |
| 4pc Bathroom | Second level | — |
| 2pc Bathroom | Main level | — |
Listing Information
- MLS®
- 10382800
- Listed
- April 9, 2026
- Time on market
- On the market for 144 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.
Description
Welcome to this quality-built duplex with LEGAL basement suite(s) by Trainor Construction, completed in 2017 and ideally located in the heart of Penticton. Just steps to shopping, farmers market, breweries, transit, and schools! This is a prime opportunity for investors or homeowners seeking a mortgage helper. The upper unit offers a functional three-level layout with the main floor featuring an open living space and convenient guest bathroom. Upstairs includes 2 bedrooms and 2 full bathrooms and the 3rd bedroom is located on the lower level. This unit also includes a small fenced yard. Downstairs, the legal 1 bedroom, 1 bathroom suite has its own private entrance—perfect for rental income or Airbnb potential. Both suites include in-unit laundry, designated parking and are separately metered for utilities, offering flexibility and ease of management. The main residence is equipped with gas forced air heating and central A/C, while the lower suite features electric baseboard heat. Currently fully tenanted with solid income. A versatile and centrally located investment offering strong income potential and long-term value. NOTE: photos are from 2017 at time of construction. (id:63159)
Values & Trends
This listing
$375/sqft
Building average
—
No other active listings in this building
Main North average
$466/sqft
22 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
17°C
Mainly Clear
Humidity 67%
Wind NE 4 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
44
5/9 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 |
|---|---|---|
| ConnectEd - Alternative Programs | Secondary | 306 m |
| Penticton Secondary | Secondary | 375 m |
| Secondaire de Penticton | Secondary | 375 m |
| Penticton Christian School(Independent) | K-12 | 717 m |
| Queens Park Elementary | Elementary | 967 m |
| Holy Cross School(Independent) | Elementary/Middle | 1.2 km |
| Uplands Elementary | Elementary | 1.2 km |
| Entre-lacs | Elementary/Middle | 1.5 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 (5+)
- Sushi Heaven · 564 Main Street76 m
- Gratify Foods · 544 Main Street90 m
- Lachi109 m
- Unnamed135 m
- Lala Ji's Pizzeria177 m
Cafes (5+)
- Angry Vegan · 536 Main Street85 m
- Caffè d'Italia205 m
- Blenz Coffee485 m
- Bellevue Cafe558 m
- Balance Vegetarian Shop and Tea Room762 m
Parks (5+)
- Unnamed401 m
- Unnamed413 m
- Unnamed439 m
- Unnamed576 m
- Unnamed645 m
Pharmacies (3)
- Sunrise Pharmacy · 749 Main Street325 m
- Remedy'sRx326 m
- Knights Pharmacy384 m
Banks & ATMs (5+)
- Prospera Credit Union250 m
- Scotiabank273 m
- TD287 m
- RBC454 m
- CIBC501 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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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.