Property Type: Detached HouseOwnership: Freehold

1164 ELK Street

Penticton, BC V2A2S6

$1,350,000

5 bed4 bath4 parking2,804 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,960.82

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Hardwood

Exterior & Lot

Exterior features
Brick, Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
OtherMain level6'8'' x 7'7''
PantryMain level7'11'' x 7'1''
Primary BedroomMain level14'0'' x 12'0''
Living roomBasement15'11'' x 14'6''
Living roomMain level13'5'' x 15'11''
Laundry roomMain level7'11'' x 7'9''
KitchenBasement15'0'' x 14'0''
KitchenMain level10'2'' x 14'10''
FoyerMain level8'9'' x 5'8''
4pc Ensuite bathMain level
Dining roomMain level14'0'' x 12'4''
BedroomBasement12'6'' x 12'3''
BedroomBasement12'10'' x 12'0''
BedroomBasement11'2'' x 11'7''
BedroomMain level11'7'' x 12'0''
3pc BathroomBasement
4pc BathroomBasement
4pc BathroomMain level

Listing Information

MLS®
10387509
Listed
May 19, 2026
Time on market
On the market for 104 days
Data last synced
August 28, 2026

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

Description

Welcome to this stunning 2021-built home offering the perfect blend of modern luxury, income potential & Okanagan lifestyle. Thoughtfully designed with 5 bedrooms, 4 bathrooms, this like-new home features a bright, open-concept main living space with breathtaking valley & lake views creating a peaceful backdrop for everyday living. The main residence offers 3 spacious bedrooms, 3 beautifully finished bathrooms, complemented by high-end upgrades throughout. Enjoy upgraded Bosch appliances, custom blinds, built-in closet organizers, & modern finishes elevating the home’s style and functionality. An abundance of natural light fills the space, creating a warm and inviting atmosphere from the moment you walk in. Looking for a mortgage helper without sacrificing your own privacy? The fully self-contained 2-bedroom, 1-bathroom legal suite features its own separate daylight basement entrance, making it ideal for rental income, extended family, or guests while maintaining separation from the main living area. Built with comfort and efficiency in mind, this home also includes a built-in EV car charger and backup generator for added peace of mind. With all the upgrades already complete, you can enjoy the benefits of a near-new home without the added expense or hassle. This is a rare opportunity to own a modern, move-in-ready home with incredible views, income potential, and exceptional value. All measurements are approximate and should be verified by the buyer if important. (id:63159)

Values & Trends

This listing

$481/sqft

Building average

No other active listings in this building

Columbia/Duncan average

$410/sqft

30 active listing(s)

Parking: 4 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

7

1/9 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
Columbia ElementaryElementary1.0 km
Entre-lacsElementary/Middle1.8 km
Wiltse ElementaryElementary2.6 km
Uplands ElementaryElementary2.7 km
Holy Cross School(Independent)Elementary/Middle2.9 km
ConnectEd - Alternative ProgramsSecondary3.0 km
Penticton Christian School(Independent)K-123.1 km
Penticton SecondarySecondary3.1 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

Parks (2)

  • Unnamed250 m
  • Unnamed525 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($110,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,080,000.00
Periodic payment — Principal & Interest (monthly)$6,967.79
Additional monthly expenses (strata, tax, utilities, etc.)$720.07
Total monthly cost$7,687.86
Interest paid over 5-yr term$309,531.10
Balance at end of term$971,463.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$110,000
Estimated BC PTT$25,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,500

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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