131 ELLIS STREET
Interior REALTORS® · V2A4L4
$1,695,000
About this residence
131 Ellis Street is ideally situated just steps from Okanagan Lake, offering an unbeatable downtown location close to popular breweries, restaurants, and premier shopping. This rare 7,840 sq ft Creekside property features C6 zoning, allowing for 100% lot coverage and building heights of up to 21 meters, presenting exceptional flexibility for redevelopment. Whether envisioned as luxury condominiums with retail at street level or as a destination restaurant, brewery, or wine bar, the site supports a wide range of high value uses. From the third floor upward, future development will enjoy stunning lake views, while the surrounding area offers a short stroll to the park, marina, and Penticton's vibrant waterfront. An outstanding opportunity to create a landmark project in one of the city's most desirable and walkable locations. (id:61366)
Property details
- Property type
- Other
- Style
- Residential Commercial Mix
- Ownership
- Freehold
- Living area
- 5,000 sq ft
- Annual tax
- $15,172
- MLS®
- 10371201
- Board
- Interior REALTORS®
- Status
- Inactive
- Listed
- Dec 15, 2025
- Updated
- Dec 15, 2025
Financing
Estimated monthly payment
$7,927/mo
Loan amount
$1,356,000
Down payment
$339,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Interior REALTORS®
Nearby
About the area
Census · V2A- 40,489
- Population
- 53
- Median age
- $69,000
- Median income
- $552,000
- Median home value
- 64%
- Home ownership
- 17 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 131 ELLIS STREET?
131 ELLIS STREET is listed for $1,695,000, in Interior REALTORS®.
What type of home is 131 ELLIS STREET?
131 ELLIS STREET is a Other, Residential Commercial Mix.
How large is 131 ELLIS STREET?
The home offers approximately 5,000 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $7,927. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $15,172 per year.
What is the Interior REALTORS® area like?
Interior REALTORS® has a population of about 40,489, a median age of 53, a 64% home-ownership rate, with an average commute of about 17 minutes.
What is the average home value in Interior REALTORS®?
The median dwelling value in this area is approximately $552,000, based on census data via Neighbourly.
What is the median household income in Interior REALTORS®?
The median household income in this area is approximately $69,000.
Similar residences
Comparable Residential Commercial Mix near Interior REALTORS® at a similar price.
Private viewings
Arrange a private viewing of 131 ELLIS STREET.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.