Property Type: Detached HouseOwnership: Freehold

1030 TIMMINS Street

Penticton, BC V2A5V2

$1,199,900

5 bed3 bath6 parking2,212 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.19 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,224.54

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning, Wall unit
Fireplace
None

Exterior & Lot

Exterior features
Wood siding
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6 — uncovered indicated
Features
Other, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
KitchenMain level6' x 12'
Living roomMain level10' x 10'
OtherMain level10' x 10'
3pc BathroomMain level6' x 9'
4pc BathroomMain level4'10'' x 6'7''
4pc BathroomSecond level8'8'' x 7'8''
BedroomSecond level10'1'' x 11'5''
Primary BedroomSecond level10'11'' x 11'4''
KitchenSecond level13'3'' x 16'3''
Living roomSecond level11'4'' x 16'2''
Living roomMain level15'9'' x 11'2''
Dining roomMain level7'3'' x 5'11''
KitchenMain level9' x 15'5''
Primary BedroomMain level10'3'' x 10'6''
BedroomMain level10'4'' x 7'7''
BedroomMain level11'1'' x 9'11''
Laundry roomMain level11'2'' x 7'4''
FoyerMain level8'7'' x 6'6''

Listing Information

MLS®
10392402
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Realty Solutions · Data source: CREA DDF.

Description

MAIN HOUSE (1955) + CARRIAGE HOME (2022) Package. Exceptional investment opportunity in one of Penticton's most convenient locations! Situated on a flat 0.19-acre (approximately 8,200 sq. ft.) lot with valuable lane access, this income-producing property generates approximately $6,000 per month in rental revenue. The property includes a beautifully built 2022 carriage home, protected by its new home warranty, and a well-maintained 3-bedroom, 1-bath Main home with updated vinyl siding, gutters, and a spacious 4-foot crawl space for added storage. Separate electrical and gas meters, a new privacy fence between the homes, and low-maintenance xeriscaping make this an ideal investment. The carriage home also features a ductless heating and cooling system and on-demand hot water. Whether you're looking to expand your investment portfolio, secure a holding property with future development potential, or live in one home while generating rental income from the other, this property offers exceptional flexibility. Just a short walk to downtown Penticton, you'll enjoy easy access to restaurants, breweries, shopping, parks, and the waterfront. Okanagan College and Kings Park are both nearby, making this an attractive option for students, families, and investors alike. A rare opportunity to secure a versatile, income-producing property in a highly desirable location. (id:63159)

Values & Trends

This listing

$542/sqft

Building average

No other active listings in this building

Main North average

$488/sqft

56 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

17°C

Mainly Clear

Humidity 67%

Wind NE 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

36,885

(2021 Census)

+9.3% since 2016

Density: 857.2/km²

Dwellings: 18,457

Median household income: $68,000

After-tax: $61,600

Immigrant population: 13.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 960
  • India1.5% · 535
  • United States of America1.1% · 415
  • Germany1.1% · 390
  • Philippines1% · 375
  • Portugal0.5% · 200
  • Netherlands0.5% · 175
  • Korea, South0.3% · 110

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Queens Park ElementaryElementary808 m
Penticton Christian School(Independent)K-12983 m
Penticton SecondarySecondary1.0 km
Secondaire de PentictonSecondary1.0 km
ConnectEd - Alternative ProgramsSecondary1.1 km
Holy Cross School(Independent)Elementary/Middle1.3 km
Entre-lacsElementary/Middle2.3 km
Uplands ElementaryElementary2.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (3)

  • Match Eatery & Public House · 201-553 Vees Drive579 m
  • Bogners · 302 West Eckhardt Avenue599 m
  • The Buffet · 201-553 Vees Drive607 m

Parks (2)

  • Unnamed415 m
  • Unnamed544 m

Shopping (1)

  • Canadian Tire · 960 Railway Street208 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,920.00
Periodic payment — Principal & Interest (monthly)$6,193.08
Additional monthly expenses (strata, tax, utilities, etc.)$546.38
Total monthly cost$6,739.46
Interest paid over 5-yr term$275,115.83
Balance at end of term$863,451.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,496.37

Cash Needed at Closing

Minimum down payment$94,990
Estimated BC PTT$21,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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