1348 Government Street

1348 Government Street · Penticton · House · 3 bed · 2 bath · $499,900 · MLS 10377853

Penticton, British Columbia
C$499,900
For sale
1348 Government Street

1348 Government Street is located in Penticton. Property snapshot: House, 3 bed, 2 bath, listed at $499,900, MLS 10377853. 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 Price: $499,900
MLS: 10377853
Bedrooms: 3
Bathrooms: 2
Interior Size: 2,082 sqft
Days on Market: -
Days on Site: 62
Deal Score: 50/100
Price History: Latest recorded list price 499900.00; 2 price change(s) on file

Local Decision Guide

How should buyers evaluate 1348 Government Street?

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 1348 Government Street?

This page shows a list price of $499,900 with MLS 10377853.

What type of home is this Penticton listing?

The page shows House, 3 bed, 2 bath at 1348 Government Street. 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 499900.00; 2 price change(s) on file.

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

Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate commercial listing. Some photos have been virtually staged. (id:56153)

Property Details

House
Building Type
3
Bedrooms
2
Bathrooms
1960
Year Built
66 years
Age
62
Days on Site
6,098 sf
Lot Area
2,082 sqft
Interior Size
C$240
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29590294 (10377853)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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

Property Summary

Price: C$499,900

Lot Area: 6,098 sf

PID: 001-575-902

Days on Site: 62 days

Added to BurnabyHouse: 2026-04-10

Updated on: 2026-06-10 12:01 PM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Parks / Green Space
SKAHA BLUFFS PARK
About 3.2 km away
Class A · 0462 · 00

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Community

Questions, Answers & Comments

Ask a question, add context, or leave a comment. Public posts appear after review.

No public questions or comments yet. Be the first to ask.

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Recent News

Jun 11, 2026
Wallbridge Mining Shareholders Back Board Expansion and Compensation Plan
Wallbridge Mining Shareholders Back Board Expansion and Compensation Plan
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 11, 2026
Seaspan marks construction milestone on icebreaker
Seaspan marks construction milestone on icebreaker
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 10, 2026
Terrace explores possible zoning changes to increase scrutiny of data centres
Terrace explores possible zoning changes to increase scrutiny of data centres
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 11, 2026
Prince George Central Street development moving forward despite traffic concerns
Prince George Central Street development moving forward despite traffic concerns
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 11, 2026
B.C. moves millions of amphibians for development, but researchers say their survival isn't tracked
B.C. moves millions of amphibians for development, but researchers say their survival isn't tracked
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 11, 2026
UK Housing Market Slump Shows Signs of Stabilizing, Agents Say
UK Housing Market Slump Shows Signs of Stabilizing, Agents Say
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 10, 2026
Global Junk Debt Flashes Warning on Growing Risk of Stagflation
Global Junk Debt Flashes Warning on Growing Risk of Stagflation
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 10, 2026
Opinion: B.C.’s PST expansion is a tax on a tax with British Columbians paying the price
Opinion: B.C.’s PST expansion is a tax on a tax with British Columbians paying the price
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 10, 2026
Senators have trade interest in Canucks' DeBrusk: report
Senators have trade interest in Canucks' DeBrusk: report
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Wed, 10 Jun 2026 11:33:49 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Engel & Volkers South Okanagan

BurnabyHouse AI Assistant