Welcome to Skaha Lake Towers! One of Penticton's finest condominium complexes. This lake view condo offers a beautiful kitchen. A primary bedroom with an ensuite and walk-in closet. A generous second bedroom + a bonus office or crafting room. 2 west side covered balconies (with a natural gas BBQ hook-up) can indeed be a wonderful place to relax and enjoy valley views and sunset. Condo life offers conveniences such as storage on the same floor, 2 sets of elevators, secure heated parking, bike lockers, multi use rooms for private events, games and recreation. Skaha beach, Parks ,shopping and KVR trail all nearby! Rentals permitted with some restrictions. 2 dogs/cats allowed. Contact us now to seize the opportunity to make this marvellous condo yours!
Property details
2
Beds
2 full
Baths
1,223 ft²
Floor area
2021
Year built
1
Storey
1
Parking
$321/mo
Strata fee
$3,210/yr
Gross tax
Location & structure
Single Family
Type
1
Fireplace
Main South
Area
Listed
July 2, 2026
Structure
Apartment
PID
030-272-301
Property highlights
Mountain view
City view
Balcony
Meeting/Party Room
Building amenities
Party room
Features & inclusions
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer
Heating
Forced air, See remarks, Other
Cooling
See Remarks
Roof
Metal, Unknown
Parking
Underground
Lot
Wheelchair access, Two Balconies
Community
Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Listed by Engel & Volkers South Okanagan. Last updated Jul 9, 2026, 1:25 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.
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 $110,000 down (20%) on $550,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 220 listings
Condo / Apartment
65
29.5%
Detached
63
28.6%
Townhouse
33
15.0%
Mobile home
28
12.7%
Land
23
10.5%
Other
8
3.6%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Penticton · 640 dwellings
Low-rise apartment310 · 48.4%
Row house210 · 32.8%
Single-detached120 · 18.8%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59070260· Penticton· 0.17 km²
Median rent here
$2,700
Owner shelter cost
$920
Renters
39.5%
30%+ on shelter
40.8%
Population (2021)
1,082
Median age
63.6
Avg household size
1.7
Avg household income
$73,800
Renters
39.5%
Owners
60.5%
Immigrants
14.7%
Post-secondary
49.5%
Avg home value
$422,000
Single status
12.7%
Not in labour force
57.1%
Households with kids
13.3%
Median rent
$2,700
Owner shelter cost
$920
30%+ on shelter
40.8%
Breakdown
$15,000 to $19,999
10
1.6%
$20,000 to $24,999
35
5.5%
$25,000 to $29,999
35
5.5%
$30,000 to $34,999
35
5.5%
$35,000 to $39,999
45
7.1%
$40,000 to $44,999
35
5.5%
$45,000 to $49,999
35
5.5%
$50,000 to $59,999
60
9.4%
$60,000 to $69,999
50
7.9%
$70,000 to $79,999
50
7.9%
$80,000 to $89,999
55
8.7%
$90,000 to $99,999
45
7.1%
$100,000 to $124,999
65
10.2%
$125,000 to $149,999
30
4.7%
$150,000 to $199,999
30
4.7%
$200,000 and over
20
3.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59070260).
Market story
Rent in Penticton
Census 2021 avg $2,700/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
