505 Rene Avenue

505 Rene Avenue · Penticton · House · 2 bed · 1 bath · $575,000 · MLS 10390696

Penticton, British Columbia
C$575,000
For sale
505 Rene Avenue

505 Rene Avenue is located in Penticton. Property snapshot: House, 2 bed, 1 bath, listed at $575,000, MLS 10390696. 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 p

List Price: $575,000
MLS: 10390696
Bedrooms: 2
Bathrooms: 1
Interior Size: 952 sqft
Days on Market: -
Days on Site: 3
Deal Score: 50/100
Price History: Latest recorded list price 575000.00

Local Decision Guide

How should buyers evaluate 505 Rene 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 505 Rene Avenue?

This page shows a list price of $575,000 with MLS 10390696.

What type of home is this Penticton listing?

The page shows House, 2 bed, 1 bath at 505 Rene 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 575000.00.

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

This charming cottage-style property is located in the heart of town, just blocks away from the lake and everything Penticton has to offer. With walking distance to all downtown amenities and events, this location is hard to beat! Featuring high ceilings and skylights making this wonderful home light and airy yet maintaining all the charm. The home is very bright and welcoming, featuring a recently updated kitchen, professional paint inside and outside, an open-concept living area, and spacious rooms & closets throughout. High-efficiency furnace & air conditioning, foam insulated crawlspace (2024), most windows replaced (2018 & 2024), brand new turf & shed in the backyard. A meticulously maintained, upgraded, move-in-ready home. Excellent opportunity for those seeking a downtown active lifestyle with a quick walk to the lake. (id:56153)

Property Details

House
Building Type
2
Bedrooms
1
Bathrooms
1935
Year Built
91 years
Age
3
Days on Site
3,049 sf
Lot Area
952 sqft
Interior Size
C$604
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29878262 (10390696)

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Site Context

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Property Summary

Price: C$575,000

Lot Area: 3,049 sf

PID: 011-855-509

Days on Site: 3 days

Added to Relistico: 2026-06-09

Updated on: 2026-06-09 02:01 PM PDT

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Lot info

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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: Tue, 09 Jun 2026 12:48:34 PM PDT

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