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498 Braid Street, Penticton

Property Description

Welcome to 498 Braid Street — a rare opportunity in one of Penticton’s up-and-coming downtown neighbourhoods where the true value lies in the land. This flat 60’ x 100’ double lot is zoned R4-S, offering excellent redevelopment potential with up to four doors permitted per lot — a fantastic option for investors, builders, or those looking to maximize density in a growing area. Ideally located just steps from downtown amenities, you’re within walking distance to the beach, the popular Saturday Farmers Market, Kettle Valley Trail, and a wide variety of shops, cafes, and restaurants. The existing home features 3 bedrooms and 2 bathrooms, with a functional layout that includes a charming upper loft space. The property also offers a spacious yard, perfect for families or tenants, along with a detached single-car garage/workshop with convenient lane access. Whether you’re looking to hold, rent, or redevelop, this property checks all the boxes for future value and flexibility. Investor-ready and full of potential. All measurements are approximate and should be verified if important. Contact the listing Realtor today for more information or to book your private showing. (id:47466)

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Full Address:
498 Braid Street, Penticton, British Columbia
Price:
$ 750,000
MLS Number:
10382050
List Date:
April 7th, 2026
Neighbourhood:
Main North
Lot Size:
0.14 ac
Year Built:
1951
Taxes:
$ 4,286

Property Details

Bedrooms:
3
Bathrooms:
2
Heating:
Baseboard heaters, Electric
Basement:
Partial

Interior Features

Architectural Style:
Split level entry
Storeys:
1.5
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Rear, Street
Ownership Type:
Freehold
Taxes:
$ 4,286

Building Features

Finished Area:
1902 sq.ft.

Floors

Lot Size:
0.14 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Steve Thompson
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Agent: Eric BiffordOffice: Royal LePage Locations West

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