Property Type: Condo / ApartmentOwnership: Strata

1191 Apex Mountain Road Unit# 105

Penticton, BC V2A0E2

$254,900

1 bed1 bath1 parking532 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$357/mo
Annual property tax
$1,014

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (1)
Fireplace type
Electric, Unknown

Exterior & Lot

Exterior features
Wood siding

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Living roomMain level17' x 13'6''
KitchenMain level8'6'' x 8'9''
Primary BedroomMain level9'4'' x 13'8''
4pc BathroomMain level

Listing Information

MLS®
10382202
Listed
April 7, 2026
Time on market
On the market for 146 days
Data last synced
August 28, 2026

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

Description

Excellent investment opportunity at Apex Mountain Resort in the sought-after Strayhorse complex. This 1-bedroom, 1-bath condo offers approximately 532 sq ft (as per recent scan) of efficient, low-maintenance space—ideal for short-term or seasonal rental income. Recently repainted with minor updates throughout, the unit is clean, well-kept, and ready for immediate use or rental. Positioned for true ski-in/ski-out convenience with direct trail access just across the street, this location is highly desirable for visitors seeking easy access to the lifts, village, Gun Barrel Restaurant, and amenities. The southwest exposure and mountain views add to its rental appeal year-round. Includes secure underground parking, ski locker, and convenient deck access—perfect for guests and pet owners. Pet-friendly and rental-friendly (with restrictions), providing flexibility to generate income while still enjoying personal use. Strong potential for consistent seasonal demand in one of the Okanagan’s most popular winter destinations. A turnkey opportunity for investors looking to enter the Apex market at an attractive price point. (id:63159)

Values & Trends

This listing

$479/sqft

Building average

No other active listings in this building

Penticton Apex average

$420/sqft

4 active listing(s)

Parking: 1 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

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

15

2/9 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
Similkameen Secondary AltSecondary21.2 km
Similkameen Elem-SecondaryK-1221.2 km
Kaleden ElementaryElementary22.5 km
West Bench ElementaryElementary23.3 km
Princess Margaret SecondarySecondary24.7 km
Okanagan Falls ElementaryElementary24.7 km
Queens Park ElementaryElementary24.8 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 (1)

  • The Gunbarell Saloon280 m

Cafes (1)

  • The edge bistro340 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$203,920.00
Periodic payment — Principal & Interest (monthly)$1,315.62
Additional monthly expenses (strata, tax, utilities, etc.)$468.50
Total monthly cost$1,784.12
Interest paid over 5-yr term$58,444.06
Balance at end of term$183,426.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,745
Stress test qualifying rate8.09%
Payment you must qualify for$1,862.09

Cash Needed at Closing

Minimum down payment$12,745
Estimated BC PTT$3,098
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,343

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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