
256 Hastings Avenue Unit# 206
Main North, Penticton · MLS® 10390723
1 bed · 1 bath · 639 sq ft · 1 parking
Condo · Single Family · built 2005 · 121 days on market
Listed by Davinder Sandhu, Century 21 Premier Properties Ltd.
Welcome to The Ellis, a well-located apartment community set in City of Penticton between Okanagan Lake and Skaha Lake with convenient access to both via the new Lake-to-Lake bike route. This second-floor one-bedroom, one-bathroom unit features a spacious bedroom with a walk-in closet, a four-piece bathroom, in-suite laundry, and a generously sized patio with mountain views, along with one secure underground parking stall. Currently leased until April 2027. Ideally situated directly across from the Cannery Trade Centre, the property is within walking or cycling distance to Penticton Plaza for groceries, the popular Main Street Farmers’ Market, the Public Library, the South Okanagan Events Centre, Okanagan College, and nearby public transit, while the Channel Parkway is just minutes away for easy commuting. All major appliances were replaced in August 2023. With no age restrictions, rentals with a minimum six-month term - no short term rentals and one cat permitted, this home offers affordable living in a vibrant, active, and desirable community.
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 639 sq ft
- Parking
- 1
- Year built
- 2005
- Property tax
- $1,545 / yr
- Strata fee
- $259 / mo ($0.41 / sq ft)
- Strata rules
- Pets Allowed, Pets Allowed With Restrictions
- Days on market
- 121
- MLS®
- 10390723
- Pets Allowed
- Pets Allowed With Restrictions
Catchment schools, Okanagan Skaha School District 67
- Elementary K-6 Kvr Elementaryhomes in this catchment
- Middle Gr 7 Kvr Elementaryhomes in this catchment
- Secondary 8-12 Penticton Secondaryhomes in this catchment
1.1 km away · 158 Eckhardt Ave E, Penticton · 250-770-7750
From the Okanagan Skaha School District 67's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $1,197/mo
- After all costs
- −$581/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $1,259 · tax $129 · strata $259 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Penticton (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
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