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105 Lee Avenue
Penticton · Vacant Land
Listed by Royal LePage Locations West · MLS® 10394084
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Sign inAbout this home
A large flat building lot this close to one of Penticton's lakes is a rare find. Located just one block from Skaha Lake park, on the corner of Lee and Cypress, this south-end neighbourhood has become the preferred choice for locals in the know. Close to 1/4 acre, the house and garage were removed in 2023 and the foundations demolished - it's now a blank slate for a variety of possibilities: SINGLE-FAMILY RESIDENCE: this corner lot provides ample room for a sizable home, pool and private carriage house with its own separate access. The existing hedging provides immediate privacy. MULTIPLE-FAMILY DEVELOPMENT: Current zoning allows for a maximum of 4 units. With access from the west and north sides of the property, there's flexibility to be creative in an area appealing to both local retirees who are downsizing and seasonal residents. Contact your Realtor for zoning information or to view.
Home facts
- Property type
- Vacant Land
- Area
- Main South
- Listed
- July 8, 2026
- Structure
- Other
- PID
- 003-810-241
- Common interest
- Freehold
Highlights
- Pool
Features and inclusions
- Lot
- Level lot, Corner Site
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable
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
- $3,673
- Property tax
- $225/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,048
Purchase snapshot
- List price
- $775,000
- Down payment
- $155,000 (20%)
- Estimated mortgage
- $620,000
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,493
- 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
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.
- 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 · 33%
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.