Penticton · V2A4T9
$3,583/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Capitalize on Penticton's booming real estate market with this exceptional investment property featuring NEW multi-unit zoning and future approval for even higher density development. This rare find offers immediate income potential through the existing 4-bedroom, 2-bathroom home while you develop your long-term vision. The clean, functional holding property can generate rental income during planning phases, while the fully fenced lot with dual access points (front and laneway) maximizes development flexibility. Established fruit trees and mountain views add immediate appeal for future residents. Located minutes from Penticton's pristine beaches, top-rated schools, recreational parks, and vibrant downtown dining and shopping district, this prime location ensures strong rental demand and future resale value. The City-backed rezoning initiative supports multiple structural opportunities on this generous lot, and with Penticton's strategic densification focus, early investors are positioned to maximize returns as the market continues its upward trajectory. The vacant property offers quick possession, allowing immediate implementation of your investment strategy. Don't miss this opportunity to secure your stake in one of BC's most desirable markets.
3
Beds
1,966 ft²
Floor area
1950
Year built
Single Family
Type
Main North
Area
Listed
May 4, 2026
Nearby & Commute
3 min
walk to Penticton IGA
1h 12m
bike to Prairie Valley Station
4h 1m
walk to Prairie Valley Station
10h 17m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 40%
| Detached | 128 | 40.4% |
| Condo / Apartment | 61 | 19.2% |
| Townhouse | 47 | 14.8% |
| Duplex | 31 | 9.8% |
| Land | 29 | 9.1% |
| Other | 21 | 6.6% |
| $15,000 to $19,999 | 10 | 3.1% |
| $20,000 to $24,999 | 20 | 6.3% |
| $25,000 to $29,999 | 25 | 7.8% |
| $30,000 to $34,999 | 20 | 6.3% |
| $35,000 to $39,999 | 25 | 7.8% |
| $40,000 to $44,999 | 20 | 6.3% |
| $45,000 to $49,999 | 25 | 7.8% |
| $50,000 to $59,999 | 35 | 10.9% |
| $60,000 to $69,999 | 30 | 9.4% |
| $70,000 to $79,999 | 25 | 7.8% |
| $80,000 to $89,999 | 25 | 7.8% |
| $90,000 to $99,999 | 10 | 3.1% |
| $100,000 to $124,999 | 20 | 6.3% |
| $125,000 to $149,999 | 20 | 6.3% |
| $150,000 to $199,999 | 5 | 1.6% |
| $200,000 and over | 5 | 1.6% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,583
Principal and interest
Calculated estimate
$3,233
Property tax
Calculated estimate
$200/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$699,000
Down payment
Calculated estimate
$139,800 (20%)
Estimated mortgage
Calculated estimate
$559,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$3,583
/mo
Rate
%
Amortization
Principal and interest
$3,233
Property tax (est.)
$200
P&I
Tax
Down payment
$139,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $139,800 down (20%) on $699,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 5.7979 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
