A 2005 apartment community at 256 Hastings Avenue between Okanagan and Skaha Lakes, with one- and two-bedroom units listed $289,000–$365,000 per MLS® listings.
The Ellis is described in MLS® listings as a well-located apartment community between Okanagan Lake and Skaha Lake with access to both via the Lake-to-Lake bike route, across from the Cannery Trade Centre. Two units are active: a 639 sq ft one-bedroom ($289,000, currently leased until April 2027 per listing) and a 930 sq ft two-bedroom corner ($365,000). Both have underground parking; one listing says rentals are allowed with restrictions.
One unit is tenanted. Confirm rental restrictions in the bylaws.
The Ellis suits buyers who want a newer apartment near both lakes and the Cannery Trade Centre, with underground parking.
Rental use is allowed with restrictions per one listing; read the bylaws if investing.
Review bylaws, minutes, depreciation report, reserve fund and any planned special levies before you write an offer.
Confirm rental limits and any tenancy in place.
Built 2005. Review envelope and mechanical systems.
Strata or pad fees, property tax, insurance and any levies — confirm exactly what the monthly charge covers.
Pat can compare The Ellis against other Penticton condos and flag construction or maintenance concerns before you commit.
Since July 1, 2024, a strata corporation with five or more lots (bare land stratas included) can no longer defer a depreciation report by a ¾ vote. Outside Metro Vancouver, the Fraser Valley and the Capital Regional District, a strata with no report, or only one dated before December 31, 2020, has until July 1, 2027 to obtain one. See the full guide →
2 active in the MLS® export of October 9, 2026 — $289,000 – $365,000
Dated snapshot: figures are from the MLS® active-listings export of October 9, 2026 and may not reflect availability, pricing or sales since that date. Facts marked “per MLS® listing” come from listing remarks and fields and may differ by unit — verify strata fees, rules and building details in the strata documents. Pat can pull recent sold comparables for any unit you are considering.
Per MLS® listings, 2005.
One listing says rentals are allowed with restrictions. Confirm in the bylaws.
Pat can compare The Ellis against other Penticton condos.
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