Ellis One-Penticton’s newest condo development, only steps to Okanagan Lake and beach, downtown Penticton and a short drive to many popular wineries. This high-quality building features 48 units boasting custom kitchens with quartz countertops and stainless-steel appliances with a gas range and a bright and open concept. This unit is a 1451sqft 2bd + den, 2ba suite with a 105sqft deck with gas BBQ hookup. The building also has a large amenity room and this unit comes with a large storage locker and one parking stall. The South Okanagan is exempt from the newly implemented BC Speculation Tax, which makes Penticton in general, and Ellis One specifically, a great option for investors. In addition, because of the City of Penticton’s Economic Investment Zone program, purchasers will qualify for a tax break on construction improvements value for ten years on the portion of their normal tax bill that is collected by the City of Penticton, which equates to an approximate 63% savings! (id:16512)
Trusted listings from REALTOR® Agents.
The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.