Ellis One

We love it too!

Aerial photo of in . There are still some units left for sale...if you like living close to the beach, the marina, the farmer's market, the Naramata bench, Pure gym, a bouldering studio at Hoodoo and a frisbee golf course etc etc! We love this location! https://www.ellisone.ca/

Ellis One-Penticton's newest condo development, only steps to Okanagan Lake and beach, downtown Penticton and a short drive to many popular wineries. This high-quality building features 48 units boasting custom kitchens with quartz countertops and stainless-steel appliances with a gas range and a bright and open concept. This east-facing lake-view unit is a 1302sqft 1bd + den, 2ba suite with a 145sqft deck with gas BBQ hookup and comes with an underground storage locker and parking stall. The South Okanagan is exempt from the BC Speculation Tax, which makes Penticton in general, and Ellis One specifically, a great option for investors. In addition, because of the City of Penticton's Economic Investment Zone program, purchasers may qualify for a tax break on construction improvements value for ten years on the portion of their normal tax bill that is collected by the City of Penticton, which equates to an approximate 63% savings! Completion is estimated for August 2020.

For more information please visit our website:

https://morrisonrealestategroup.ca/previewdetails/624758/-509-110-ellis-street

Ellis One-Penticton's newest condo development, only steps to Okanagan Lake and beach, downtown Penticton and a short drive to many popular wineries. This high-quality building features 48 units boasting custom kitchens with quartz countertops and stainless-steel appliances with a gas range and a bright and open concept. This south-east facing corner unit is a 1262sqft 2bd, 2ba suite with a 177sqft deck with gas BBQ hookup and comes with an underground storage locker and parking stall. The South Okanagan is exempt from the BC Speculation Tax, which makes Penticton in general, and Ellis One specifically, a great option for investors. In addition, because of the City of Penticton's Economic Investment Zone program, purchasers may qualify for a tax break on construction improvements value for ten years on the portion of their normal tax bill that is collected by the City of Penticton, which equates to an approximate 63% savings! Completion is estimated for August 2020.

For more information please visit our website:

https://morrisonrealestategroup.ca/previewdetails/624762/-508-110-ellis-street