Property Type: Land / LotOwnership: Freehold

149 Saliken Drive

Penticton, BC V2A8V6

$346,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
10.17 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,268.56

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
Lot features
Cul-de-sac, Private setting, Sloping

Building

Water source
See Remarks
Sewer
No sewage system
Utilities
Electricity, Cable, Telephone
Parcel ID (PID)
006-557-520

Listing Information

MLS®
10398478
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
September 1, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

PENTICTON - ENDLESS VIEWS - Bare land looking for new owners with good ideas. Undeveloped 10 AC, LHI Zoning lot, central to Penticton, with commanding views of The Okanagan Valley facing southwest. Enjoy the sunsets of the future. Under 10 min to get to town. Access to amenities such as Highway 97, the airport, hospital, shopping, walking trails, fine restaurants, two world class lakes, casino, event center, local wineries and breweries, so many local options to form your new lifestyle. Hillside property with a building site and room to expand. Excellent setting for those that like privacy but want to stay close to the city. No septic, no well, (professionally well witched), power available. Come with your ideas, this is your future. (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
Columbia ElementaryElementary1.4 km
Wiltse ElementaryElementary2.1 km
Entre-lacsElementary/Middle2.4 km
Holy Cross School(Independent)Elementary/Middle3.1 km
Penticton Christian School(Independent)K-123.5 km
Uplands ElementaryElementary3.5 km
Princess Margaret SecondarySecondary3.6 km
ConnectEd - Alternative ProgramsSecondary3.6 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: 5.0% ($17,300) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$276,800.00
Periodic payment — Principal & Interest (monthly)$1,785.82
Additional monthly expenses (strata, tax, utilities, etc.)$105.71
Total monthly cost$1,891.53
Interest paid over 5-yr term$79,331.68
Balance at end of term$248,982.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,300
Stress test qualifying rate8.09%
Payment you must qualify for$2,527.59

Cash Needed at Closing

Minimum down payment$17,300
Estimated BC PTT$4,920
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,720

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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