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173 Wade Avenue W
Main North Penticton V2A 1T7

$2,500,000
Other

Main Photo: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Photo 1: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Photo 2: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Photo 3: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Photo 4: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Photo 5: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Photo 6: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
Status:
Active
Prop. Type:
Other
MLS® Num:
10360834
Build. Type:
Residential Commercial Mix
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:2493)
Property Type:
Other
Zoning:
Unknown
Community:
Main North
Structure Type:
Residential Commercial Mix
Half Bathrooms:
0
Fireplace:
No
Current Use:
Mixed use
  • Photo 1: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
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  • Photo 2: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
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  • Photo 3: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
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  • Photo 4: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
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  • Photo 5: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
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  • Photo 6: 173 Wade Avenue W in Penticton: Other for sale : MLS®# 10360834
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Listed by Coldwell Banker Horizon Realty
Data was last updated September 1, 2025 at 12:45 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,479,000
Min list price:
$499,000
Max list price:
$3,995,000
Avg days on market:
68
Min days on market:
5
Max days on market:
395
Avg price per sq.ft.:
$408.56
These statistics are generated based on the current listing's property type and located in Main North. Average values are derived using median calculations. This data is not produced by the MLS® system.
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SHELLY WEINRICH PREC*
JEAN McDOUGALL REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.