Property Type: Detached HouseOwnership: Freehold

156 VANCOUVER Place

Penticton, BC V2A1A7

$2,500,000

3 bed3.5 bath5 parking3,328 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.76 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,749

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

View
City view, Lake view, Mountain view, View of water, View (panoramic), Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Wine CellarBasement8'3'' x 10'9''
Utility roomBasement13'2'' x 10'4''
3pc BathroomBasement
OfficeBasement12'11'' x 14'6''
OtherBasement9'2'' x 6'5''
Recreation roomBasement21'7'' x 27'2''
BedroomBasement14'8'' x 12'7''
BedroomBasement13'1'' x 11'1''
FoyerMain level11'11'' x 12'1''
2pc BathroomMain level
OtherMain level11' x 8'8''
5pc Ensuite bathMain level
Primary BedroomMain level14'9'' x 14'11''
Living roomMain level21'5'' x 20'2''
Laundry roomMain level8'6'' x 7'11''
Dining roomMain level11'8'' x 16'
Dining nookMain level13' x 12'4''
KitchenMain level14'10'' x 19'3''

Listing Information

MLS®
10351236
Listed
June 12, 2025
Time on market
On the market for 445 days
Data last synced
August 28, 2026

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

Description

Welcome to 156 Vancouver Place – a stunning custom-built rancher with walkout basement, perched on a 1.76-acre parcel offering breathtaking panoramic lake views. Crafted in 2003 by Homescape Construction for the current owners, this thoughtfully designed home places all principal rooms on the main level for convenient single-level living. The spacious primary suite features a luxurious 5-piece ensuite, including a brand-new shower installed in May 2025. The lower level is ideal for hosting guests, complete with two additional bedrooms, a large office, a generous rec room with wet bar, and a wine cellar for the enthusiast. Step outside and enjoy your own private retreat – with multiple patios and decks, a hot tub, firepit area, and beautifully landscaped grounds with ample room to add a pool. The oversized attached double garage and abundant on-site parking round out this exceptional package. (id:63159)

Values & Trends

This listing

$751/sqft

Building average

No other active listings in this building

Uplands/Redlands average

$1,039/sqft

17 active listing(s)

Parking: 5 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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 ElementaryElementary484 m
ConnectEd - Alternative ProgramsSecondary1.3 km
Secondaire de PentictonSecondary1.5 km
Penticton SecondarySecondary1.5 km
Entre-lacsElementary/Middle1.7 km
Penticton Christian School(Independent)K-121.8 km
Queens Park ElementaryElementary1.8 km
Holy Cross School(Independent)Elementary/Middle2.2 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 (3)

  • Rusty's333 m
  • The Bench Market485 m
  • The Prague Café562 m

Parks (4)

  • Vancouver Avenue Park397 m
  • Unnamed630 m
  • Marina Way Park644 m
  • Ellis Park785 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,000,000.00
Periodic payment — Principal & Interest (monthly)$12,903.32
Additional monthly expenses (strata, tax, utilities, etc.)$1,311.75
Total monthly cost$14,215.07
Interest paid over 5-yr term$573,205.75
Balance at end of term$1,799,006.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$500,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,379.30

Cash Needed at Closing

Minimum down payment$500,000
Estimated BC PTT$53,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,500

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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