Property Type: OtherOwnership: Freehold

1170 CORBISHLEY Avenue

Penticton, BC V2A8V2

$1,850,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
8.35 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$2,698.07

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
10398187
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Discover an unparalleled opportunity on the prestigious Naramata Bench with this 8.5-acre agricultural parcel, an ideal canvas for your dream estate winery or custom home. Boasting over six acres of established, income producing vineyard, this property offers breathtaking panoramic views of Okanagan Lake, Munson Mountain, and the surrounding valley, ensuring a truly idyllic backdrop for your vision. Optimal full sun exposure further enhances its viticultural potential. Embrace a lifestyle of serene rural tranquility blended with modern convenience. Situated amidst world-class wineries along the Naramata Bench Wine Route, you're also just a short drive from Okanagan Lake beaches, the Kettle Valley Rail Trail, excellent schools, and Penticton's vibrant downtown amenities. This quiet, prime viticultural land offers a rare chance to cultivate your passion in one of BC's most sought-after regions. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Uplands/Redlands average

$2,042/sqft

4 active listing(s)

Parking: Not indicatedStorage 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

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.

Nearby Schools

SchoolTypeDistance
Uplands ElementaryElementary1.9 km
ConnectEd - Alternative ProgramsSecondary3.0 km
Entre-lacsElementary/Middle3.0 km
Secondaire de PentictonSecondary3.1 km
Penticton SecondarySecondary3.1 km
Queens Park ElementaryElementary3.4 km
Penticton Christian School(Independent)K-123.5 km
Columbia ElementaryElementary3.7 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.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,480,000.00
Periodic payment — Principal & Interest (monthly)$9,548.46
Additional monthly expenses (strata, tax, utilities, etc.)$224.84
Total monthly cost$9,773.30
Interest paid over 5-yr term$424,172.25
Balance at end of term$1,331,264.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$370,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,380.68

Cash Needed at Closing

Minimum down payment$370,000
Estimated BC PTT$35,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$406,500

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.

Request more information