For Sale: 506 Nelson Avenue, Penticton, BC - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$629,800
3 bd 2 ba 1586 sf House

506 Nelson AvenuePenticton, BC, V2A 2L2

  • 3 Bed
  • 2 Bath
  • 1586 Sqft
  • House

About this home

Opportunity is calling, and this one delivers. Centrally located and income-generating from day one, this versatile property is a smart move for investors and homeowners alike, whether you're growing a portfolio or letting a tenant help carry the mortgage. Two fully self-contained living spaces give you real options: the upper residence offers 2 bedrooms and a full bath, a bright living area, functional kitchen, and the everyday convenience of main-floor laundry, while the lower level features a private 530 sq.ft. 1-bed, 1-bath suite with its own laundry and separate backyard access. Both open onto a spacious, fully fenced yard made for summer living. Move in with confidence: a new roof and hot water tank, both completed in 2023, mean the big-ticket items are already handled and in 1995 new electrical, plumbing, windows & insulation were updated. Outside, generous front and rear yards, rear lane access, and ample parking leave plenty of room for multiple vehicles, the RV, and the boat. Minutes from shopping, schools, parks, transit, and everyday amenities, this is that rare blend of location, flexibility, and lasting value. Whether you're expanding your investments or offsetting your mortgage with rental income, opportunities like this don't wait. Come see it before it's gone. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:63626)
Listed by: Shannon Simpson PREC*, Salesperson, Chamberlain Property Group Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,234
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
3
Parking Details
Rear, Street, Rv, Additional Parking
Property Type
House
Lot Size
3484 ft²
Depth
Year Built
Built in 1940 (86 yrs old)
Title
Freehold
Exterior Finish
Wood siding, Cedar Siding
Heating Type
Baseboard heaters, Electric
Features
Level lot
Appliances
Dryer, Oven - Electric, Refrigerator, Washer, Washer/Dryer Stack-Up
Agent details
Primary Agent
Primary Broker
Chamberlain Property Group Inc.
Listing details
Days on REW
22 Days
Property Views
162
MLS® Number
10392992
Source
Canadian Real Estate Association
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

Ajay Bhanot

Ajay Bhanot

DLC A.I.M.I. Collective Mortgage Group

Helping you secure the best mortgage deals for your dream home. Let's talk mortgages!

Connect with a mortgage expert

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Ecole Entre Lacs
  • Public
  • K - 8
L’école Entre-lacs
  • Public
  • K - 8
KVR Middle School
  • Public
  • 6 - 8
Penticton Christian School
  • Independent
  • K - 12
Holy Cross School
  • Independent
  • K - 8
Penticton Secondary School
  • Public
  • 9 - 12
Carmi School
  • Public
  • Pre-K - 5
Uplands Elementary School
  • Public
  • K - 5
Queens Park School
  • Public
  • Pre-K - 5
Columbia School
  • Public
  • Pre-K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Sales History data is from public records.
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.