Property description for 498 Braid Street, Penticton, BC V2A 4Y2

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:38686)

QUICK OVERVIEW

Built in 1951
$394 / Sq Ft
Baseboard heaters, Electric
3 Days on website
0.14 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Eric Bifford

Listing Office Royal Lepage Locations West, 250-493-2244

Updated Thursday, April 9, 2026 at 3:50:43 PM

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NEIGHBOURHOOD

About the Penticton Neighbourhood

Home buyers who prefer a slower-paced environment will enjoy Penticton. The noise levels in Penticton are very low, as the streets are generally very tranquil.

Learn more about Penticton

Daycares

At least one daycare within a 5-minute walk

High Schools

At least one high school within a 5-minute walk

Elementary Schools

At least one elementary school within a 5-minute walk

Groceries

At least one supermarket within a 10-minute walk

Quiet

Virtually no sources of noise nearby

CLIMATE RISK FOR V2A 4Y2

Mortgage Payments for 498 Braid Street, Penticton, BC V2A 4Y2

$3,405

Monthly

Estimated Payment

$779,900

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Listing by Royal Lepage Locations West

MLS® #: 10378660

$725,000

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1,720 SQ FT

Listing by Re/max City Realty - Renata Steele Atkinson

MLS® #: 10380108

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Virtual Tour

$769,900

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1,675 SQ FT

Listing by Re/max Penticton Realty - Stephen Fox

MLS® #: 10374323

$730,000

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1,000 SQ FT

Listing by 2 Percent Realty Interior Inc.

MLS® #: 10377247

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Virtual Tour

$775,000

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1,425 SQ FT

Listing by Re/max Penticton Realty - Heather Smith

MLS® #: 10373777

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Virtual Tour

$749,000

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1,989 SQ FT

Listing by Re/max Penticton Realty - Ashley Lindquist

MLS® #: 10377469

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Open House

$730,000

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1,900 SQ FT

Listing by Vantage West Realty Inc.

MLS® #: 10379671

$785,000

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2,021 SQ FT

Listing by Oakwyn Realty Okanagan

MLS® #: 10376883

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Virtual Tour

$779,900

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1,908 SQ FT

Listing by Re/max Penticton Realty - Josh Janz

MLS® #: 10381924

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498 BRAID STREET, PENTICTON, BC V2A 4Y2