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Exceptional Property

421 Wade Avenue, Penticton

$550,000
3 Bedrooms
2 Bathrooms
1692 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1900

Square Footage

1692 square feet

Bedrooms

3 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Creekside - Prime Development Opportunity in the Heart of Penticton. 421 Wade Avenue East presents an excellent opportunity for builders and investors. This prime .151 acre site offers 60 feet of street frontage of street frontage & 110 feet of depth, with lane access on one side. Zoned R4-S, the property allows for multiple residential units, max...

MLS Number

10363040

Listed By

Royal LePage Locations West

Last Updated

Sep 16, 2025, 9:40 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1900
Square Footage
1692
Zoning
Multi-Family

Interior Features

Basement
Partial
Flooring
Hardwood

Climate Control & Utilities

Heating System
Forced air, See remarks

Exterior & Surroundings

Exterior Construction
Stucco
Roof Material
Asphalt shingle, Unknown

Additional Amenities

Refrigerator, Oven, Washer & Dryer

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
35
New
MLS# 10363040
List Date
Sep 16, 2025, 4:59 p.m.
List Price
$550,000
Property Type
Sale
Bedrooms
3
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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