- Active
242 Haynes Street
Penticton · Other
- Sqft
- 3,194
Listed by Royal LePage Locations West · MLS® 10387039
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Sign inAbout this home
Nestled in Penticton's thriving North End, this commercial property offers opportunities for business owners and developers alike with the current business re-locating shortly. With convenient access to main thoroughfares, and surrounded by complementary businesses, this location is positioned to meet your operational needs and growth aspirations. A generously sized lot with ample space for further development, the property currently has a 3,194 sq.ft, 1 level office & warehouse building, designed to accommodate a variety of business functions. C6 zoning offers a wide range of permitted uses such as multi-family, retail, office, light industrial, and more. This makes the property ideal for businesses looking to expand or establish themselves in a dynamic area. Well-maintained office areas feature open spaces for flexible work environments, complete with bathrooms, staff areas, & access points for easy flow between office & warehouse. The additional building potential offers extra land for development, providing the opportunity to expand with additional buildings, parking, or storage space. Positioned in a growing area with easy access to the rest of Penticton and major highways, the potential for both immediate use and future growth adds significant investment appeal for the savvy investor. Penticton is one of British Columbia’s most desirable places to do business, with a booming population, and an ever-expanding demand for services and products.
Home facts
- Interior
- 3,194 sq ft
- Property type
- Other
- Area
- Main North
- Listed
- May 11, 2026
- Structure
- Residential Commercial Mix
- PID
- 011-998-857
Rooms and building
- Water
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 (CREA), 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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $5,636
- Property tax
- $350/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,136
Purchase snapshot
- List price
- $1,189,000
- Down payment
- $237,800 (20%)
- Estimated mortgage
- $951,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $6,894
- At 5.7979 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $880 a month
- Gross yield
- 0.9%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 37%