- Active
313 Van Horne Street
Penticton · Vacant Land
Listed by eXp Realty · MLS® 10402001
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Sign inAbout this home
Unique opportunity to acquire a C5 (Urban Centre Commercial) zoned vacant lot in a central Penticton location. Approximately 32' x 120' and 0.091 acres, the property benefits from lane access and offers potential for a variety of future uses permitted within the C5 zone. The adjoining 7-unit apartment property at 156 Nanaimo Avenue East is also available separately, creating an opportunity for an investor or developer to acquire both properties and control a larger site while benefiting from existing rental income next door. Conveniently located near downtown, shopping, restaurants, transit and amenities. An interesting opportunity as a standalone property or as part of a larger acquisition. Buyers to independently verify zoning, permitted uses and development potential with the City of Penticton.
Home facts
- Property type
- Vacant Land
- Area
- Main North
- Listed
- October 1, 2026
- Structure
- Other
- PID
- 012-305-448
- Common interest
- Freehold
Rooms and building
- Water
- Municipal water
- Utilities
- Electricity
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
- $2,313
- Property tax
- $142/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,605
Purchase snapshot
- List price
- $488,000
- Down payment
- $97,600 (20%)
- Estimated mortgage
- $390,400
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
- $2,829
- 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 · 37%
Who lives here
Documents
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