Penticton · V2A2T4
$3,960/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0.26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway. Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes. This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations. Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale.
3
Beds
1,425 ft²
Floor area
1965
Year built
Single Family
Type
Main North
Area
Listed
May 8, 2026
$775,000 is 24.9% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
10 min
walk to Safeway
1h 10m
bike to Prairie Valley Station
3h 51m
walk to Prairie Valley Station
10h 14m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 39%
| Detached | 109 | 38.9% |
| Condo / Apartment | 62 | 22.1% |
| Townhouse | 42 | 15.0% |
| Duplex | 26 | 9.3% |
| Land | 20 | 7.1% |
| Other | 21 | 7.5% |
| $15,000 to $19,999 | 5 | 1.8% |
| $20,000 to $24,999 | 20 | 7.3% |
| $25,000 to $29,999 | 15 | 5.5% |
| $30,000 to $34,999 | 15 | 5.5% |
| $35,000 to $39,999 | 20 | 7.3% |
| $40,000 to $44,999 | 20 | 7.3% |
| $45,000 to $49,999 | 15 | 5.5% |
| $50,000 to $59,999 | 25 | 9.1% |
| $60,000 to $69,999 | 20 | 7.3% |
| $70,000 to $79,999 | 20 | 7.3% |
| $80,000 to $89,999 | 25 | 9.1% |
| $90,000 to $99,999 | 10 | 3.6% |
| $100,000 to $124,999 | 25 | 9.1% |
| $125,000 to $149,999 | 15 | 5.5% |
| $150,000 to $199,999 | 15 | 5.5% |
| $200,000 and over | 10 | 3.6% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,960
Principal and interest
Calculated estimate
$3,585
Property tax
Calculated estimate
$225/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$775,000
Down payment
Calculated estimate
$155,000 (20%)
Estimated mortgage
Calculated estimate
$620,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$3,960
/mo
Rate
%
Amortization
Principal and interest
$3,585
Property tax (est.)
$225
P&I
Tax
Down payment
$155,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $155,000 down (20%) on $775,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 5.4404 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
