- Active
#203 – 850 Railway Lane
Okanagan Falls · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 1,025
- Built
- 2004
Listed by Skaha Realty Group Inc. · MLS® 10398977
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Sign inAbout this home
Welcome to this charming 2 bedroom condo in an unbeatable location, just minutes from the lake, beach, walking trails, KVR cycling trail, and Okanagan Park. Enjoy beautiful mountain views and a bright, inviting open-concept layout designed for easy living and entertaining. Offered fully furnished and turnkey, this home is ready to enjoy from day one - perfect as a full-time residence, weekend getaway or low-maintenance Okanagan retreat. Two bedrooms provide flexibility for guests, family or a home office. Recent 2026 updates include new engineered wood flooring and a new hot water tank, adding to the move-in-ready appeal. The building is also pet-friendly, allowing one dog OR one cat. Everyday convenience is right outside your door, with a library just downstairs, a small grocery market right next door and several great local restaurants in Okanagan Falls. Enjoy world-class wineries throughout the surrounding Okanagan wine country, while Penticton's restaurants, markets, events, shopping and amenities are just a 15-minute drive away. With the lake, beach, parks and cycling all close by, this is your opportunity to embrace the Okanagan lifestyle! Fully furnished, conveniently located and ready to enjoy! Come view today!
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 1,025 sq ft
- Year built
- 2004
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- Okanagan Falls
- Listed
- August 27, 2026
- Structure
- Apartment
- PID
- 026-013-763
- Common interest
- Condo/Strata
Highlights
- Mountain view
Features and inclusions
- Appliances
- Refrigerator, Cooktop - Electric, Dishwasher, Washer & Dryer
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Community
- Pet Restrictions, Pets Allowed With Restrictions
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Irrigation District
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
- $1,678
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,928
Purchase snapshot
- List price
- $354,000
- Down payment
- $70,800 (20%)
- Estimated mortgage
- $283,200
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
For investors
As a rental
- Estimated rent
- $1,000 a month
- Gross yield
- 3.4%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 37%
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.
