- Active
1167 Elk Street
Penticton · Vacant Land
Listed by RE/MAX Orchard Country · MLS® 10400893
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Sign inAbout this home
Discover the opportunity to build your dream home in The Ridge Penticton — one of the South Okanagan’s most desirable and growing communities. Surrounded by scenic rolling hills, natural landscapes, and endless blue skies, this building lot offers the perfect setting to create a custom home tailored to your lifestyle. Ideally located close to schools, parks, walking trails, and public transit, this property combines peaceful surroundings with everyday convenience. Downtown Penticton, shopping, restaurants, medical services, and the area’s renowned beaches are all just a short drive away. Positioned with a quiet side road below the lot, the property offers added openness and separation from neighboring homes. The area is home to many upscale properties valued over the million-dollar range, making this an exceptional investment opportunity in a sought-after neighborhood. GST is included. Start planning your Okanagan dream home today. Book your private viewing now. Measurements approximate only; buyer to verify if important.
Home facts
- Property type
- Vacant Land
- Area
- Columbia/Duncan
- Listed
- September 15, 2026
- Structure
- Other
- PID
- 031-460-801
- Common interest
- Freehold
Highlights
- Mountain view
- City view
Features and inclusions
- Community
- Adult Oriented, Family Oriented
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
- $1,815
- Property tax
- $108/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,074
Purchase snapshot
- List price
- $383,000
- Down payment
- $76,600 (20%)
- Estimated mortgage
- $306,400
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
- $2,221
- 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 · 55%
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.
