Penticton · V2A3V9
$3,960/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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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.
Vacant Land
Type
Main South
Area
Listed
July 8, 2026
Nearby & Commute
34 min
walk to Real Canadian Superstore
1h 26m
bike to Prairie Valley Station
4h 46m
walk to Prairie Valley Station
10h 16m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 31%
| Detached | 54 | 30.5% |
| Condo / Apartment | 52 | 29.4% |
| Townhouse | 26 | 14.7% |
| Land | 23 | 13.0% |
| Mobile home | 16 | 9.0% |
| Other | 6 | 3.4% |
| Under $5,000 | 105 | 0.6% |
| $5,000 to $9,999 | 80 | 0.5% |
| $10,000 to $14,999 | 150 | 0.9% |
| $15,000 to $19,999 | 475 | 2.7% |
| $20,000 to $24,999 | 1,080 | 6.2% |
| $25,000 to $29,999 | 820 | 4.7% |
| $30,000 to $34,999 | 785 | 4.5% |
| $35,000 to $39,999 | 890 | 5.1% |
| $40,000 to $44,999 | 890 | 5.1% |
| $45,000 to $49,999 | 825 | 4.8% |
| $50,000 to $59,999 | 1,560 | 9.0% |
| $60,000 to $69,999 | 1,300 | 7.5% |
| $70,000 to $79,999 | 1,245 | 7.2% |
| $80,000 to $89,999 | 1,090 | 6.3% |
| $90,000 to $99,999 | 975 | 5.6% |
| $100,000 to $124,999 | 1,840 | 10.6% |
| $125,000 to $149,999 | 1,180 | 6.8% |
| $150,000 to $199,999 | 1,140 | 6.6% |
| $200,000 and over | 930 | 5.4% |
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.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,960
Principal and interest
Calculated estimate
$3,585
Property tax
Calculated estimate
$225/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$775,000
Down payment
Calculated estimate
$155,000 (20%)
Estimated mortgage
Calculated estimate
$620,000
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
$3,960
/mo
Rate
%
Amortization
Principal and interest
$3,585
Property tax (est.)
$225
P&I
Tax
Down payment
$155,000 (20%)
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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 $155,000 down (20%) on $775,000, 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 5.4404 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.
