Property Type: Detached HouseOwnership: Freehold

140 Oliver Place

Penticton, BC V2A0H1

$3,980,000

4 bed4.5 bath2 parking4,007 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.2 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,885

Interior

Basement
Crawl space
Heating
Heat Pump, Forced air, See remarks, Other
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Hardwood

Exterior & Lot

Exterior features
Brick, Stucco, Other
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Pool
Inground pool, Outdoor pool

Building

Roof
Other, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Heated Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
StorageLower level12'4'' x 8'9''
Wine CellarLower level7'6'' x 5'11''
Utility roomLower level17'5'' x 7'5''
2pc BathroomSecond level5'9'' x 5'1''
Laundry roomSecond level9'11'' x 14'
OtherSecond level9'8'' x 10'9''
5pc Ensuite bathSecond level17'7'' x 15'11''
Primary BedroomSecond level16'7'' x 14'
KitchenSecond level20'1'' x 11'7''
Family roomSecond level32'9'' x 20'5''
Dining roomSecond level17'2'' x 11'6''
StorageMain level4'1'' x 6'11''
3pc BathroomMain level5' x 10'11''
4pc Ensuite bathMain level5' x 9'7''
Living roomMain level12'9'' x 18'7''
BedroomMain level15'6'' x 13'
BedroomMain level19'6'' x 14'
BedroomMain level9'11'' x 10'11''

Listing Information

MLS®
10385436
Listed
April 30, 2026
Time on market
On the market for 123 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers South Okanagan · Data source: CREA DDF.

Description

Welcome to 140 Oliver Place. This Agave-built home reflects a quiet, desert-influenced modern design, where clean lines, expansive spaces, and a natural connection between indoor and outdoor living create a refined yet understated architectural presence. Interior spaces are grounded by natural elements, including a rock fireplace and a restrained material palette carried throughout the home. The kitchen is equipped with Miele, Wolf, and Sub-Zero appliances, designed to support both daily living and entertaining. A media room and dedicated wine room provide additional flexibility, while quartz countertops, wide plank oak flooring, and custom millwork reflect a consistent level of execution. Outdoor living is centred around a 25 x 12 saltwater pool, built-in Arctic Spa, and outdoor kitchen with Wolf BBQ, creating a setting that is as practical as it is refined. Set within the sought-after Uplands area of Penticton, the home is positioned to capture views across the mountains and Okanagan Lake, while offering a level of privacy not often found this close to town. Just steps to the KVR trail and within walking distance to downtown amenities, beaches, and the Farmers Market, the location balances access with a true sense of retreat. Furnishings may be available by negotiation. All measurements are approximate. Contact your Realtor® or the Listing Advisor to book your private tour. (id:63159)

Values & Trends

This listing

$993/sqft

Building average

No other active listings in this building

Uplands/Redlands average

$1,025/sqft

17 active listing(s)

Parking: 2 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

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

5/9 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
Uplands ElementaryElementary529 m
ConnectEd - Alternative ProgramsSecondary955 m
Secondaire de PentictonSecondary1.1 km
Penticton SecondarySecondary1.1 km
Penticton Christian School(Independent)K-121.4 km
Entre-lacsElementary/Middle1.5 km
Queens Park ElementaryElementary1.5 km
Holy Cross School(Independent)Elementary/Middle1.8 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 (5+)

  • The Bench Market307 m
  • Rusty's411 m
  • The Prague Café457 m
  • Cannery Brewing · 198 Ellis Street527 m
  • Tacos Del Norte631 m

Cafes (2)

  • Blenz Coffee738 m
  • Bellevue Cafe773 m

Parks (5+)

  • Vancouver Avenue Park172 m
  • Unnamed304 m
  • Marina Way Park525 m
  • Ellis Park579 m
  • Okanangan Lake Park725 m

Pharmacies (1)

  • Knights Pharmacy743 m

Banks & ATMs (5+)

  • Rocky Store - Bitcoin Well ATM · 430 Haven Hill Road515 m
  • RBC731 m
  • Valley First Credit Union741 m
  • TD777 m
  • CIBC779 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($796,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,184,000.00
Periodic payment — Principal & Interest (monthly)$20,542.09
Additional monthly expenses (strata, tax, utilities, etc.)$1,357.08
Total monthly cost$21,899.17
Interest paid over 5-yr term$912,543.55
Balance at end of term$2,864,018.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$796,000
Stress test qualifying rate8.09%
Payment you must qualify for$24,483.85

Cash Needed at Closing

Minimum down payment$796,000
Estimated BC PTT$117,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$914,500

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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