506 NELSON Avenue

506 NELSON Avenue · Penticton · House · 3 bed · 2 bath · $629,800 · MLS 10392992

Penticton, British Columbia
C$629,800
For sale
506 NELSON Avenue

506 NELSON Avenue is located in Penticton. Property snapshot: House, 3 bed, 2 bath, listed at $629,800, MLS 10392992. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list

List Price: $629,800
MLS: 10392992
Bedrooms: 3
Bathrooms: 2
Interior Size: 1,586 sqft
Days on Market: -
Days on Site: 23
Deal Score: 50/100
Price History: Latest recorded list price 629800.00

Local Decision Guide

How should buyers evaluate 506 NELSON Avenue?

Start by reading this listing in its Penticton context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 506 NELSON Avenue?

This page shows a list price of $629,800 with MLS 10392992.

What type of home is this Penticton listing?

The page shows House, 3 bed, 2 bath at 506 NELSON Avenue. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 629800.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Opportunity is calling, and this one delivers. Centrally located and income-generating from day one, this versatile property is a smart move for investors and homeowners alike, whether you're growing a portfolio or letting a tenant help carry the mortgage. Two fully self-contained living spaces give you real options: the upper residence offers 2 bedrooms and a full bath, a bright living area, functional kitchen, and the everyday convenience of main-floor laundry, while the lower level features a private 530 sq.ft. 1-bed, 1-bath suite with its own laundry and separate backyard access. Both open onto a spacious, fully fenced yard made for summer living. Move in with confidence: a new roof and hot water tank, both completed in 2023, mean the big-ticket items are already handled and in 1995 new electrical, plumbing, windows & insulation were updated. Outside, generous front and rear yards, rear lane access, and ample parking leave plenty of room for multiple vehicles, the RV, and the boat. Minutes from shopping, schools, parks, transit, and everyday amenities, this is that rare blend of location, flexibility, and lasting value. Whether you're expanding your investments or offsetting your mortgage with rental income, opportunities like this don't wait. Come see it before it's gone. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:56153)

Property Details

House
Building Type
3
Bedrooms
2
Bathrooms
1940
Year Built
86 years
Age
23
Days on Site
3,485 sf
Lot Area
1,586 sqft
Interior Size
C$397
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29965389 (10392992)

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The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$629,800

Lot Area: 3,485 sf

PID: 008-251-215

Days on Site: 23 days

Added to BurnabyHouse: 2026-06-29

Updated on: 2026-07-20 09:08 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

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Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 20 Jul 2026 08:23:08 AM PDT

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