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Investment Highlights

  • Highly desirable location near Okanagan Lake Beach, downtown Penticton, and Penticton Plaza Mall.
  • Approximately 50% of suites already renovated, with additional upside through future upgrades.
  • Majority two-bedroom unit mix with generous layouts and large balconies for every unit.
  • Assumable short-term, low-interest CMHC financing available to the purchaser.

Executive Summary

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Winton Terrace, a well-maintained and beautifully located, 26-unit apartment building in the heart of Penticton.
Situated on a 19,000-sf lot, the property benefits from its close proximity to downtown, Okanagan Lake, Okanagan College, and several major thoroughfares. This central location continues to experience consistent rental demand supported by population growth, constrained housing supply, and limited new purpose-built rental construction in the immediate area.

Property Facts

Sale Type Investment
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 23,373 SF
No. Stories 3
Year Built 1967

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony

Site Amenities

  • Laundry Facilities
  • Security System
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
2+1 20 - -
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 40741907

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 797 Winnipeg St, Penticton, BC V2A 2J6

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