- Active
342/350 Rigsby Street
Penticton · Vacant Land
Listed by Royal LePage Locations West · MLS® 10401242
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Sign inAbout this home
Development opportunity at 342 and 350 Rigsby Street, near downtown Penticton and Okanagan Lake. Offered together, the properties provide approximately 9,600 sq. ft. of land, measuring about 61 feet by 157 feet, with rear-lane access. The combined site offers potential for a multi-unit residential project in an established neighbourhood close to beaches, shops, restaurants, schools, parks and transit. The value is in the land and its development potential. All measurements are approximate. Buyers should independently confirm zoning, permitted density, servicing and development potential with the City of Penticton.
Home facts
- Property type
- Vacant Land
- Area
- Main North
- Listed
- September 22, 2026
- Structure
- Other
- PID
- 012-057-134
- Common interest
- Freehold
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, 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
- $4,024
- Property tax
- $250/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,424
Purchase snapshot
- List price
- $849,000
- Down payment
- $169,800 (20%)
- Estimated mortgage
- $679,200
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,922
- 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
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
