Welcome to 498 Braid Street — a rare opportunity in one of Penticton’s up-and-coming downtown neighbourhoods where the true value lies in the land. This flat 60’ x 100’ double lot is zoned R4-S, offering excellent redevelopment potential with up to four doors permitted per lot — a fantastic option for investors, builders, or those looking to maximize density in a growing area. Ideally located just steps from downtown amenities, you’re within walking distance to the beach, the popular Saturday Farmers Market, Kettle Valley Trail, and a wide variety of shops, cafes, and restaurants. The existing home features 3 bedrooms and 2 bathrooms, with a functional layout that includes a charming upper loft space. The property also offers a spacious yard, perfect for families or tenants, along with a detached single-car garage/workshop with convenient lane access. Whether you’re looking to hold, rent, or redevelop, this property checks all the boxes for future value and flexibility. Investor-ready and full of potential. All measurements are approximate and should be verified if important. Contact the listing Realtor today for more information or to book your private showing. (id:2493)
Data was last updated April 8, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
131
Avg list price:
$547,900
Min list price:
$150,000
Max list price:
$3,495,000
Avg days on market:
43
Min days on market:
1
Max days on market:
271
Avg price per sq.ft.:
$610.81
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.
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.