1167 ELK Street
Penticton, BC V2A0C9
$383,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.14 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,701.16
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view
Listing Information
- MLS®
- 10376319
- Listed
- February 18, 2026
- Time on market
- On the market for 194 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Orchard Country · Data source: CREA DDF.
Description
Discover the opportunity to build your dream home in The Ridge Penticton — one of the South Okanagan’s most desirable and growing communities. Surrounded by scenic rolling hills, natural landscapes, and endless blue skies, this building lot offers the perfect setting to create a custom home tailored to your lifestyle. Ideally located close to schools, parks, walking trails, and public transit, this property combines peaceful surroundings with everyday convenience. Downtown Penticton, shopping, restaurants, medical services, and the area’s renowned beaches are all just a short drive away. Positioned with a quiet side road below the lot, the property offers added openness and separation from neighboring homes. The area is home to many upscale properties valued over the million-dollar range, making this an exceptional investment opportunity in a sought-after neighborhood. GST is included. Start planning your Okanagan dream home today. Book your private viewing now. Measurements approximate only; buyer to verify if important. (id:63159)
Location Insights
Weather
13°C
Mainly Clear
Humidity 81%
Wind NNW 3 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
| School | Type | Distance |
|---|---|---|
| Columbia Elementary | Elementary | 982 m |
| Entre-lacs | Elementary/Middle | 1.8 km |
| Wiltse Elementary | Elementary | 2.6 km |
| Uplands Elementary | Elementary | 2.6 km |
| Holy Cross School(Independent) | Elementary/Middle | 2.8 km |
| ConnectEd - Alternative Programs | Secondary | 3.0 km |
| Penticton Christian School(Independent) | K-12 | 3.0 km |
| Penticton Secondary | Secondary | 3.0 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)
- Unnamed272 m
- Unnamed557 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,150) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.