Property Type: Land / LotOwnership: Freehold

134 Deer Place

Penticton, BC V2A0J8

$389,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.19 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,739.96

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
10391616
Listed
June 17, 2026
Time on market
On the market for 75 days
Data last synced
August 28, 2026

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

Description

Imagine waking up each morning in the custom home you've always dreamed of, surrounded by breathtaking views of Okanagan Lake, the city lights, and the rolling valley below. Nestled in a quiet cul-de-sac in The Ridge, one of Penticton's most prestigious and rapidly growing communities, this exceptional 8,102 sq. ft. lot offers the opportunity to build a two-story home on one of the rare flat lots still available. Picture your children safely riding bikes and playing with neighborhood friends just steps from the park, while you enjoy the peace and security of cul-de-sac living. Start your mornings with a walk through the nearby forested trails and reservoir pathways with your dog and spend the afternoon enjoying the basketball and tennis courts located right on your street. Surrounded by stunning new custom homes, this vibrant, high-end neighborhood offers the perfect blend of luxury, community, and outdoor living. With ample space to design a spacious backyard, outdoor entertaining areas, and even a pool, the possibilities are endless. Zoned R4-L (Small-Scale Multi-Unit Residential – Large Lot), this property also presents exciting development potential for builders and investors. Whether you're looking to create a legacy family home or explore future opportunities, this lot delivers unmatched value in one of Penticton's most desirable locations. Build your future where spectacular views, an active lifestyle, and a welcoming community come together. (id:63159)

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

7

1/9 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
Columbia ElementaryElementary871 m
Entre-lacsElementary/Middle1.6 km
Uplands ElementaryElementary2.5 km
Wiltse ElementaryElementary2.5 km
Holy Cross School(Independent)Elementary/Middle2.7 km
ConnectEd - Alternative ProgramsSecondary2.8 km
Penticton Christian School(Independent)K-122.9 km
Penticton SecondarySecondary2.9 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

Parks (2)

  • Unnamed354 m
  • Unnamed675 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,200.00
Periodic payment — Principal & Interest (monthly)$2,007.76
Additional monthly expenses (strata, tax, utilities, etc.)$145.00
Total monthly cost$2,152.75
Interest paid over 5-yr term$89,190.81
Balance at end of term$279,925.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,841.71

Cash Needed at Closing

Minimum down payment$19,450
Estimated BC PTT$5,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,730

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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