- Active
#201 – 542 Wade Avenue
Penticton · Single Family
- Beds
- 3
- Baths
- 1
- Sqft
- 1,071
- Built
- 1993
Listed by eXp Realty · MLS® 10400508
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Sign inAbout this home
Welcome to this well-maintained upper-level half-duplex in the heart of downtown Penticton. Offering approximately 1,071 square feet of practical living space, this bright 3-bedroom, 1-bathroom home (built in 1993) is a smart fit for first-time buyers, downsizers, retirees, or investors looking for an updated, low-maintenance residence. Inside, an open-concept layout effortlessly connects the living room, dining area, and kitchen, creating a comfortable and functional space for everyday living. The good-sized bedrooms sit conveniently close to the bathroom, while in-suite laundry adds everyday ease. A welcoming foyer, utility space, and generous closet storage keep everything organized. Step outside to a private balcony—perfect for morning coffee or evening BBQs. The property also includes a dedicated parking space, a storage shed, and fencing that adds an extra layer of privacy. Location is a standout. You’re just a short walk from the South Okanagan Event Centre, restaurants, shopping, the casino, golf courses, Okanagan Lake beaches, and nearby schools. Enjoy the best of a walkable neighbourhood while staying close to all of Penticton’s amenities, recreation, and outdoor lifestyle. This move-in-ready half-duplex delivers comfortable living, practical updates, and an unbeatable central location. Currently tenant-occupied on a month-to-month basis at $2,000 per month. The tenant would ideally like to stay but understands a move may be required.
Home facts
- Bedrooms
- 3
- Bathrooms
- 1 full
- Interior
- 1,071 sq ft
- Year built
- 1993
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Area
- Main North
- Style
- Other
- Listed
- September 11, 2026
- Structure
- Duplex
- PID
- 018-380-719
- Common interest
- Condo/Strata
Highlights
- City view
- Balcony
- In-suite laundry
Features and inclusions
- Appliances
- Washer, Oven - Electric, Range - Electric, Dishwasher, Dryer
- Heating
- Baseboard heaters
- Cooling
- Wall unit
- Roof
- Asphalt shingle, Unknown
- Lot
- One Balcony
- Community
- Family Oriented, Pets Allowed, Rentals Allowed
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, 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
- $1,895
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,162
Purchase snapshot
- List price
- $399,900
- Down payment
- $79,980 (20%)
- Estimated mortgage
- $319,920
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,319
- 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 · 36%
Who lives here
Documents
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Availability is not guaranteed. Review documents with a professional.