- Active
#103 – 850 RAILWAY Lane
Okanagan Falls · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 858
- Built
- 2004
Listed by RE/MAX Penticton Realty · MLS® 10383008
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Sign inAbout this home
This 1 bedroom, 1 bathroom condo located at 850 Railway Lane is turn key and can be sold with the furnishings. The open floor plan creates a seamless flow between the living, large dining area, and kitchen making it perfect for entertaining guests or simply enjoying everyday living. The kitchen boasts sleek cabinetry, stainless steel smart appliances, and ample counter space. In the master bedroom, you will find extra lockable storage in the closet. Some notable features on this unit would be - hot water on demand and floor to ceiling tiles in the bathroom, concrete walls and ceilings with extra insulation and high efficiency heating and cooling. If you purchase both unit 102 and 103 there is an optional door for access to either unit or lockable from both sides for security and privacy. This can be removed if purchased separately. Located in a vibrant neighbourhood, next to the lake you'll have easy access to an array of amenities including wineries, beaches, parks, and only 15 minutes from Penticton. Don't miss out on the chance to own this exceptional condo. Contact us today to schedule a viewing and make this beautiful property your new home! GST included. Furnishing package available.
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 858 sq ft
- Year built
- 2004
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Area
- Okanagan Falls
- Listed
- April 10, 2026
- Structure
- Apartment
- PID
- 032-064-926
- Common interest
- Condo/Strata
Highlights
- Mountain view
Features and inclusions
- Appliances
- Refrigerator, Range - Electric, Dishwasher, Microwave, Hot Water Instant, Washer/Dryer Stack-Up
- Heating
- Heat Pump
- Cooling
- Central air conditioning
- Flooring
- Laminate
- Parking
- Additional Parking
- Lot
- Wheelchair access
- Community
- Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,421
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,655
Purchase snapshot
- List price
- $299,900
- Down payment
- $59,980 (20%)
- Estimated mortgage
- $239,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $780 a month
- Gross yield
- 3.1%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 37%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.