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394 WADE Avenue W

$ 624,900 | 3 Beds | 2 Baths | 1,970  Sq.Ft.
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394 WADE Avenue W

MLS #10334403

Property Description

Charming Character Home with In-Law Suite & Rental Income Potential! This 1,970 sq. ft. 3 Bedroom, 2 bathroom home offers fantastic income opportunities with the upstairs possibly bringing in $2,000+ and the downstairs potential of $1,100+. This property is priced to reflect the TLC needed, the bones are strong with recent updates, including a 200-amp electrical upgrade (2023), a new front window (2024), and upgraded stainless steel appliances and has potential to add another 2 bedrooms by updating the windows to a larger size. Located on a corner lot with alley access, this home features original hardwood floors, high ceilings, and a spacious in-law suite with its own entrance and laundry—perfect for multi-generational living or rental income. The property also offers privacy, mature fruit trees, garden space, and ample parking. With R4-S zoning and QUICK POSSESSION available, this is a rare opportunity to make it your own while capitalizing on its rental potential and future development opportunities. Just minutes from Okanagan Lake, downtown Penticton, and more! Don’t miss out! Buyer to verify measurements. (id:47466)

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Price:$624,900
MLS® Number:10334403
Full Address:394 WADE Avenue W, Penticton, British Columbia, V2A1V1
Built In:1945
List Date:February 5th, 2025
Lot Size:0.1.00030 ac|under 1 acre

Property Specifications

Bedrooms:3
Bathrooms:2

Interior Features

Storeys:2
Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Total Finished Area:1970 sqft
Roof:Asphalt shingle
Zoning:Unknown
Exterior:Vinyl siding

Building Features

View:Mountain view
Amenities Nearby:Family Oriented

Other

Square Footage:1970 sqft

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Agent: Heather Smith | Office: RE/MAX Penticton Realty
Multiple Listing Service (MLS) trademark® 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. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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