127 Elm Avenue
Penticton, BC V2A3W1
$1,399,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.21 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,160.48
Interior
- Basement
- Crawl space
- Heating
- Heat Pump, Baseboard heaters, Electric, Other
- Cooling / A/C
- See Remarks
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Other, Wood, Mixed Flooring
Exterior & Lot
- Exterior features
- Brick, Aluminum
- View
- Lake view, Mountain view
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 5 — covered indicated
- Features
- Detached Garage, Rear, RV, Street, Oversize, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | 10'11'' x 7'7'' |
| Bedroom | Second level | 10'6'' x 9'5'' |
| Bedroom | Second level | 10'6'' x 9'6'' |
| Primary Bedroom | Second level | 10'9'' x 11'4'' |
| Recreation room | Lower level | 21'2'' x 19' |
| Office | Lower level | 11'10'' x 19'10'' |
| 3pc Bathroom | Lower level | 7'4'' x 8'10'' |
| Bedroom | Lower level | 11'1'' x 9'11'' |
| Foyer | Main level | 12' x 5'8'' |
| Living room | Main level | 11'11'' x 17'10'' |
| Dining room | Main level | 11'4'' x 9'8'' |
| Kitchen | Main level | 11'4'' x 15'9'' |
Listing Information
- MLS®
- 10387838
- Listed
- May 16, 2026
- Time on market
- On the market for 107 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Orchard Country · Data source: CREA DDF.
Description
Nestled directly across from Skaha Lake and steps to the beach, this beautifully UPDATED 4 bed, 2 FULL bath home offers stunning LAKE, MOUNTAIN, & PARK VIEWS in one of Penticton’s most sought-after neighbourhoods. Situated on a flat, usable 0.21-acre lot near walking trails, tennis courts, marinas, wineries, schools, shopping, & the vibrant Skaha Lake waterfront. Enjoy easy access to hiking at Skaha Bluffs Provincial Park, the Kettle Valley Rail Trail, golf courses, & all the South Okanagan lifestyle has to offer. Extensively renovated w/ major upgrades including kitchen, bathrooms, windows, doors, flooring, gas fireplace, heat pump, gutters, landscaping, irrigation, fencing, deck, porch, hot water tank, & roof. Bright main floor features an open living/dining area flooded w/ natural light & a modern kitchen w/ large island & STAINLESS STEEL appliances. Upstairs offers 3 bedrooms & a full bath, while the lower level includes a spacious primary bedroom w/ an adjacent bathroom, a large rec room/art studio, laundry, & storage. Outside, enjoy a private fully fenced backyard oasis w/ low-maintenance landscaping, multiple parking options including RV/trailer space, plus a heated 440 sqft workshop/garage w/ 100 AMP service. RM2 zoning offers excellent holding value, rental income, or CARRIAGE HOME POTENTIAL. A rare opportunity to live, invest, & enjoy the very best of Penticton living. By appointment only. Measurements approximate only - buyer to verify if important. (id:63159)
Values & Trends
This listing
$697/sqft
Building average
—
No other active listings in this building
Main South average
$609/sqft
24 active listing(s)
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
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
19
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
| School | Type | Distance |
|---|---|---|
| Princess Margaret Secondary | Secondary | 877 m |
| Wiltse Elementary | Elementary | 2.1 km |
| Holy Cross School(Independent) | Elementary/Middle | 3.4 km |
| Penticton Christian School(Independent) | K-12 | 3.8 km |
| Columbia Elementary | Elementary | 3.9 km |
| Entre-lacs | Elementary/Middle | 4.2 km |
| Penticton Secondary | Secondary | 4.2 km |
| Secondaire de Penticton | Secondary | 4.2 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 (2)
- Skaha Pizza406 m
- Kojo419 m
Parks (4)
- Skaha Lake Park152 m
- Unnamed445 m
- Unnamed630 m
- Unnamed633 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($114,900) — 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.