Property Type: Land / LotOwnership: Freehold

133 Timberstone Place

Penticton, BC V2A0B5

$340,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.15 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,615.22

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, View (panoramic)

Listing Information

MLS®
10373530
Listed
January 21, 2026
Time on market
On the market for 222 days
Data last synced
August 28, 2026

Listing provided by: Easy List Realty · Data source: CREA DDF.

Description

For more information, please click Brochure button. Discover the perfect canvas for your lifestyle on one of the final remaining view lots in Penticton’s highly coveted Wiltse neighbourhood. This exceptional property offers an unobstructed, panoramic vista of the city lights and the shimmering waters of Okanagan Lake, ensuring your future home is anchored by one of the most stunning backdrops in the valley. Positioned directly across from Wiltse Elementary, this prime location offers a unique lifestyle of ease and peace of mind. Imagine watching your children walk safely to school or play in the expansive park fields right from the comfort of your living room window. Key Property Highlights: Expansive Dual-Street Access: The property spans from Timberstone all the way down to Balsam, offering rare architectural flexibility and multiple access points for your creative vision Shovel-Ready Potential: This site has been previously approved for a potential 5-bedroom, 3,800 sq. ft. custom home. Prime Proximity: Enjoy living just minutes away from world-class hiking at Skaha Bluffs, the sandy beaches of Skaha Lake, and the renowned wineries and dining of the South Okanagan. Lots of this caliber in such a central, family-friendly location are increasingly rare. Don't miss your chance to secure the last premier view lot in the area. One-of-a-kind opportunity, do not miss out! (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Wiltse ElementaryElementary174 m
Princess Margaret SecondarySecondary1.4 km
Columbia ElementaryElementary2.0 km
Holy Cross School(Independent)Elementary/Middle2.2 km
Entre-lacsElementary/Middle2.4 km
Penticton Christian School(Independent)K-122.6 km
Penticton SecondarySecondary3.0 km
Secondaire de PentictonSecondary3.0 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: 5.0% ($17,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$272,000.00
Periodic payment — Principal & Interest (monthly)$1,754.85
Additional monthly expenses (strata, tax, utilities, etc.)$134.60
Total monthly cost$1,889.45
Interest paid over 5-yr term$77,955.98
Balance at end of term$244,664.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,483.76

Cash Needed at Closing

Minimum down payment$17,000
Estimated BC PTT$4,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,300

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.

Request more information