- Active
#508 – 250 Marina Way
Penticton · Single Family
- Beds
- 2
- Baths
About this home
Welcome to Lakeview Terraces, where resort-style living meets the beauty of Okanagan Lake. Ideally situated alongside the park and marina, this sought-after location is just a short stroll from downtown, offering easy access to an array of restaurants, brew pubs, boutique shopping, and the popular Farmers’ Market. Proudly offered by the original owner, this spacious 2-bedroom, 2-bathroom residence features 1,322 sq. ft. of thoughtfully designed living space. The generous floorplan provides comfortable living and entertaining, while the large deck is the perfect place to unwind, enjoy the beautiful lake views, and take in the Okanagan lifestyle. Added convenience comes with two secure parking stalls along with a secure storage locker. Residents enjoy an impressive selection of amenities, including a fitness centre, outdoor swimming pool, and hot tub. Whether you’re looking for a full-time residence or a relaxing Okanagan retreat, Lakeview Terraces offers an exceptional opportunity to enjoy lakeside living in a prime location.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,322 sq ft
- Year built
- 2006
- Storey
- 1
- Parking
- 2
- Property type
- Single Family
- Fireplace
- 1
- Area
- Main North
- Style
- Other
- Listed
- November 2, 2026
- Structure
- Apartment
- PID
- 026-596-954
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Gym
- Pool
- Hot tub
- Underground parking
- Storage locker
Features and inclusions
- Appliances
- Washer, Refrigerator, Cooktop - Electric, Dishwasher, Dryer, Microwave, Oven - Built-In, Water Heater - Electric
- Heating
- Radiant heat, See remarks, Other
- Cooling
- Central air conditioning
- Flooring
- Mixed Flooring
- Roof
- Other, Unknown
- Parking
- Parkade
- Lot
- Central island, Balcony
- Community
- Rentals Allowed
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
Listed by Royal LePage Locations West. Last updated Nov 2, 2026, 2:45 PM.
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
- $3,408
- Property tax
- $208/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,766
Purchase snapshot
- List price
- $719,000
- Down payment
- $143,800 (20%)
- Estimated mortgage
- $575,200
Estimates only. They leave out utilities, upkeep and closing costs.
Neighbourhood
Walk to Penticton IGA29 min
Bike to Prairie Valley Station1h 5m
Walk to Prairie Valley Station3h 37m
Drive to downtown Vancouver10h 15m
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 39%
Homes for sale nearby, by type
Detached97 for sale
Condo / Apartment55 for sale
Other28 for sale
Duplex27 for sale
Townhouse26 for sale
Land16 for sale
Active listings within 3 km of this home.
Homes built in Penticton, by type
Single-detached57.8% · 130
High-rise apartment22.2% · 50
Apartment in duplex8.9% · 20
Low-rise apartment4.4% · 10
Semi-detached2.2% · 5
Other single-attached2.2% · 5
Movable dwelling2.2% · 5
Source: Statistics Canada, 2021 Census of Population. 225 dwellings.
Who lives here
Statistics Canada area 59070221 · Penticton
- Median age
- 56
- Renter households
- 23%
- Average household size
- 2.2
- Median household income
- $102,000
- Population (2021)
- 495
- Median rent
- $1,520
- Owner shelter cost
- $1,170
- 30%+ of income on shelter
- 14%
- Owner households
- 75%
- Households with kids
- 20%
- Immigrants
- 16%
- Post-secondary
- 53%
- Average home value (2021)
- $1,060,000
Breakdown
$20,000 to $24,9994.8% · 10
$25,000 to $29,9992.4% · 5
$35,000 to $39,9992.4% · 5
$40,000 to $44,9994.8% · 10
$45,000 to $49,9992.4% · 5
$50,000 to $59,99911.9% · 25
$60,000 to $69,9992.4% · 5
$70,000 to $79,9992.4% · 5
$80,000 to $89,9997.1% · 15
$90,000 to $99,9997.1% · 15
$100,000 to $124,99916.7% · 35
$125,000 to $149,9994.8% · 10
$150,000 to $199,9999.5% · 20
$200,000 and over21.4% · 45
Source: Statistics Canada, 2021 Census Profile, dissemination area 59070221.
Documents
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