Sunrise Apartments

For Sale

1491 Government Street, Penticton, BC

This Penticton property for sale is located at 1491 Government Street. The current listed sale price for Sunrise Apartments is $1,925,000.

Contacts

Mitchell Knoepfel

Avison Young

Property Details

  • Property Type Other
  • Units 11
  • Date Updated May 14, 2026

Situated on Government Street, this multi-family property offers investors stable rental income in a strong rental market driven by lifestyle appeal, tourism, healthcare services, and agriculture. Penticton’s unique location between Okanagan Lake and Skaha Lake continues to attract long-term residents and seasonal demand alike.

The property benefits from convenient access to downtown Penticton, beaches, parks, schools, and major transportation routes. Its central location makes it attractive to a diverse tenant base, including working professionals and service-sector employees. Notably, this is one of the few properties offering apartment living in direct proximity to Penticton Regional Hospital for hospital staff.

This is an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio in a resilient secondary market.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Ancillary income from storage, laundry and parking
  • Rental upside potential
  • Strong rental demand with low vacancy rates
  • Well located, across from Penticton Regional Hospital and proximity to restaurants and grocery
  • Well-maintained building with recent upgrades

Getting around

  • 71/100

    Walk Score ®

  • 58/100

    Bike Score ®

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Location

  • City Penticton, BC
Contact Listing Broker
Mitchell Knoepfel

Avison Young

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