Property Type: Detached HouseOwnership: Freehold

131 Cedar Avenue

Kaleden, BC V0H1K0

$1,175,000

3 bed3 bath4 parking3,572 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.75 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,799

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (4)
Fireplace type
Wood, Gas, Conventional, Unknown

Exterior & Lot

View
City view, Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomBasement
StorageBasement6'2'' x 16'8''
Utility roomBasement12' x 9'2''
BedroomBasement23'10'' x 14'5''
Recreation roomBasement25'2'' x 20'
OfficeSecond level13'3'' x 23'1''
Family roomMain level16'5'' x 15'9''
BedroomMain level12'10'' x 11'1''
3pc BathroomMain level
3pc Ensuite bathMain level
Primary BedroomMain level12'10'' x 14'7''
FoyerMain level9'1'' x 5'7''
Dining roomMain level13'6'' x 16'1''
KitchenMain level9'8'' x 17'2''
Living roomMain level23'3'' x 20'1''

Listing Information

MLS®
10395529
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

CLICK TO VIEW VIDEO: Epic lake views from one of Kaleden's most desirable neighbourhoods. Tucked away on a quiet cul-de-sac, this versatile family home offers main-floor living with space to grow, work, and create. Large windows throughout the main living area flood the home with natural light while showcasing panoramic views of Skaha Lake, the valley, and surrounding mountains. The recently upgraded glass railing on the deck keeps those views wide open from both inside and out. The north wing of the home is ideal for a home office, client meetings, or your own professional practice. The sunroom off the primary bedroom is the perfect space to read, work, or simply enjoy the shoulder seasons. The walkout basement has its own separate entrance and offers endless possibilities, including a craft room, art studio, hobby space, or additional bedrooms and living area. A larger detached garage provides plenty of room for your vehicles, workshop, and toys. New roof in 2026. Kaleden is a community people fall in love with: beaches, wineries, cafes, local services, and the KVR running just below the east side of the property for hiking, biking, or walking pets. This is a home with incredible views, a flexible layout, and endless opportunities to make it your own. (id:63159)

Values & Trends

This listing

$329/sqft

Building average

No other active listings in this building

Kaleden average

$499/sqft

21 active listing(s)

Parking: 4 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

Nearest station: Penticton

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.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary1.1 km
Okanagan Falls ElementaryElementary6.3 km
Princess Margaret SecondarySecondary7.3 km
Wiltse ElementaryElementary8.4 km
Holy Cross School(Independent)Elementary/Middle9.9 km
Penticton Christian School(Independent)K-1210.2 km
Columbia ElementaryElementary10.2 km
Penticton SecondarySecondary10.6 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: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$578.92
Total monthly cost$6,643.48
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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.

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