Property Type: Detached HouseOwnership: Freehold

127 Okanagan Avenue W

Penticton, BC V2A3L2

$895,000

4 bed2 bath7 parking2,136 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.16 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,369.51

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Hardwood, Vinyl

Exterior & Lot

Exterior features
Other
View
City view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
7 — covered indicated
Features
Detached Garage, Rear, RV, Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomBasement4'5'' x 3'6''
StorageBasement2'11'' x 7'11''
Recreation roomBasement14'11'' x 23'0''
Mud roomBasement13'10'' x 7'9''
Laundry roomBasement8'10'' x 7'5''
BedroomBasement8'8'' x 11'2''
BedroomBasement12'9'' x 11'6''
OtherBasement5'11'' x 3'7''
3pc BathroomBasement9'3'' x 11'0''
Primary BedroomMain level13'4'' x 10'6''
Living roomMain level16'7'' x 13'11''
KitchenMain level13'3'' x 11'0''
Dining roomMain level9'7'' x 11'4''
BedroomMain level11'1'' x 11'1''
5pc BathroomMain level5'1'' x 11'1''

Listing Information

MLS®
10397834
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

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

Description

This 4-bedroom, 2-bathroom, 2,137 sq ft home offers updated living on a lot with excellent parking and low-maintenance grounds. With 2 bedrooms on the main floor and 2 more downstairs, this layout makes for a perfect family home. The main floor kitchen has been tastefully renovated with crisp white cabinetry, quartz countertops, a stainless steel appliance package, and a textured grey tile backsplash that runs the full height of the wall — a clean, modern space that's easy to keep up. The main floor bathroom has also been refreshed, featuring a grey vanity, framed mirror, hexagon tile backsplash, and a glass-enclosed shower. With 1,051 sq ft up and 1,086 sq ft down, the layout offers real flexibility for extended family or additional living space, and the basement includes a separate entrance — buyers interested in developing a legal suite downstairs should complete their own due diligence with the City of Penticton regarding current zoning and suite requirements. Outside, the property offers a huge amount of parking in addition to a 722 sq ft detached double garage, ideal for a boat, trailer, or workshop use. The yard is designed for low upkeep, giving owners more time to enjoy the location rather than maintain it. Centrally located, this home puts groceries, restaurants, shopping, and everyday amenities all within easy reach — a practical, well-connected spot for daily living. (id:63159)

Values & Trends

This listing

$419/sqft

Building average

No other active listings in this building

Main South average

$620/sqft

24 active listing(s)

Parking: 7 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

48

7/9 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
Holy Cross School(Independent)Elementary/Middle1.0 km
Penticton Christian School(Independent)K-121.4 km
Princess Margaret SecondarySecondary1.7 km
Penticton SecondarySecondary1.7 km
Secondaire de PentictonSecondary1.7 km
Wiltse ElementaryElementary1.7 km
ConnectEd - Alternative ProgramsSecondary1.8 km
Entre-lacsElementary/Middle2.1 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

Restaurants (4)

  • Earls · 1848 Main Street383 m
  • Boston Pizza386 m
  • White Spot · Main Street409 m
  • Kura735 m

Cafes (5+)

  • Tim Hortons385 m
  • Wheatgrass Cafe · Main Street486 m
  • Starbucks · 1636 Main Street506 m
  • Blenz Coffee · 2111 Main Street541 m
  • Tim Hortons · 1697 Fairview Road692 m

Grocery (5+)

  • Save-On-Foods374 m
  • Whole Foods Market · Main Street492 m
  • Penticton Global Grocers · 2150 Main Street551 m
  • Canadian Wholesale Club · Main Street700 m
  • Real Canadian Superstore759 m

Parks (3)

  • Ellis Creek Park506 m
  • Lions Park · 198 Warren Avenue West510 m
  • Unnamed529 m

Shopping (2)

  • Cherry Lane Shopping Centre · 2111 Main Street459 m
  • Winners550 m

Pharmacies (2)

  • PharmaChoice · 1848 Main Street459 m
  • London Drugs595 m

Banks & ATMs (3)

  • Unnamed377 m
  • Valley First Credit Union · Main Street435 m
  • TD642 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (strata, tax, utilities, etc.)$554.46
Total monthly cost$5,173.85
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,386.25

Cash Needed at Closing

Minimum down payment$64,500
Estimated BC PTT$15,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,900

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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