Property Type: Detached HouseOwnership: Freehold

1297 King Street

Penticton, BC V2A4S9

$449,000

2 bed1 bath813 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.1 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,481.06

Interior

Basement
Full
Heating
Forced air, See remarks
Fireplace
None
Flooring
Concrete, Carpeted

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Street

Room Dimensions

RoomLevelDimensions
KitchenMain level10'8'' x 11'2''
Dining roomMain level6'8'' x 12'4''
Living roomMain level11'7'' x 18'4''
Primary BedroomMain level9'8'' x 12'6''
BedroomMain level9'1'' x 10'2''
Full bathroomMain level5' x 7'

Listing Information

MLS®
10395457
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Great first time homebuyer home. Highly accessible property on corner of King and Municipal. With flat back yard and back-lane access in a desirable location in the heart of the city. Steps away from IGA, McLaren Arena, schools and green space make it a perfect location for families that is walkable to anywhere you need to go. This property has two bedrooms and 1 bathroom upstairs and a full unfinished basement with room to grow. The dining room area and sun porch, makes it both functional and charming with character. A newer roof and vinyl siding, in great shape, keeps you dry inside. Roll up your sleeves and make this property your own. Being sold as is-where is. Quick possession available. (id:63159)

Values & Trends

This listing

$552/sqft

Building average

No other active listings in this building

Main North average

$488/sqft

56 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

4/9 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/Middle481 m
Penticton Christian School(Independent)K-12754 m
Entre-lacsElementary/Middle771 m
Secondaire de PentictonSecondary960 m
Penticton SecondarySecondary960 m
ConnectEd - Alternative ProgramsSecondary1.0 km
Columbia ElementaryElementary1.4 km
Uplands ElementaryElementary1.7 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.

Nearby Places

Restaurants (2)

  • Casa Deli Bistro362 m
  • Kura720 m

Grocery (2)

  • Penticton IGA · 1160 Government Street265 m
  • Canadian Wholesale Club · Main Street634 m

Parks (5+)

  • McLaren Park101 m
  • Kiawanis Park549 m
  • McNicoll Park651 m
  • Unnamed776 m
  • Unnamed795 m

Gyms (1)

  • Unnamed712 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$331.09
Total monthly cost$2,648.52
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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