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For Sale

Winton Terrace Apartments

  • $4,900,000

Salient Details

  • Units 26
  • Suite Mix 1-Bachelor, 10-1 Bedroom, 15-2 Bedroom
  • Lot Size 18,992
  • Net Rentable sf 18,800 sf
  • Year Built 1967
  • Net Income $247,787
  • Cap Rate 4.80%

Winton Terrace Apartments

Professionally managed, 26-unit apartment building located in the heart of Penticton, within close proximity to the downtown core, Okanagan Lake, and major amenities.
797 Winnipeg Street - Brochure
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McEvay Blair Multifamily Group - Winton Terrace Apartments - 1 DSC8426

Investment Highlights

Attractive Suite Mix
Attractive suite mix of majority two-bedroom units, with spacious suite layouts, and large balconies for every unit. With approximately half of the units having been renovated, the property offers both reliable in‑place income and long‑term upside potential.
Prime Location
The property is centrally located Just minutes from Okanagan Lake Beach, downtown Penticton, and Penticton Plaza Mall. This prime location combines residential tranquility with urban convenience.
Share Sale & Assumable Financing
Prospective investors will benefit from the Property’s short term, assumable low-interest CMHC financing, as well as the option for a share sale, making this an attractive positive leverage investment.

Gallery

Contact us

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick