551 Ellis Street Unit# 101
Penticton, BC V2A4M4
$699,900
Property Details
Property & Lot
- Sub-type
- Duplex
- Stories
- 2
- Lot size
- 0.05 acres
Ownership & Fees
- Property type
- Duplex
- Ownership
- Strata
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $4,109.3
Interior
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Other
Parking
- Total spaces
- 2 — 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 |
|---|---|---|
| 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' |
| 4pc Bathroom | Basement | — |
| 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 | — |
Listing Information
- MLS®
- 10382783
- 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 half duplex with a LEGAL basement suite 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
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
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 | 308 m |
| Penticton Secondary | Secondary | 371 m |
| Secondaire de Penticton | Secondary | 371 m |
| Penticton Christian School(Independent) | K-12 | 710 m |
| Queens Park Elementary | Elementary | 956 m |
| Holy Cross School(Independent) | Elementary/Middle | 1.1 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 Street62 m
- Gratify Foods · 544 Main Street77 m
- Lachi103 m
- Unnamed123 m
- Lala Ji's Pizzeria163 m
Cafes (5+)
- Angry Vegan · 536 Main Street74 m
- Caffè d'Italia202 m
- Blenz Coffee487 m
- Bellevue Cafe560 m
- Balance Vegetarian Shop and Tea Room760 m
Parks (5+)
- Unnamed403 m
- Unnamed404 m
- Unnamed447 m
- Unnamed571 m
- Unnamed656 m
Pharmacies (3)
- Sunrise Pharmacy · 749 Main Street315 m
- Remedy'sRx326 m
- Knights Pharmacy386 m
Banks & ATMs (5+)
- Prospera Credit Union250 m
- Scotiabank271 m
- TD288 m
- RBC457 m
- CIBC502 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,990) — 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.