Property Type: Detached HouseOwnership: Freehold

162 VANCOUVER Place

Penticton, BC V2A1A7

$2,700,000

4 bed4.5 bath2 parking4,764 sqftBuilt 1966
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.55 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,244

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Electric, Unknown, Unknown

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

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

Room Dimensions

RoomLevelDimensions
2pc BathroomMain level
3pc BathroomBasement
BedroomBasement12'6'' x 12'8''
Family roomBasement19'7'' x 13'4''
Utility roomBasement8'5'' x 7'2''
DenBasement9'11'' x 12'10''
GymBasement8'9'' x 13'7''
Utility roomBasement10'3'' x 9'3''
OfficeBasement10'3'' x 18'5''
Living roomBasement18'3'' x 19'5''
4pc BathroomMain level
BedroomMain level12' x 13'2''
BedroomMain level13'4'' x 15'6''
Laundry roomMain level13'10'' x 8'4''
5pc Ensuite bathMain level
Primary BedroomMain level15'3'' x 19'11''
Living roomMain level20'8'' x 21'6''
Dining roomMain level12'4'' x 15'
Dining nookMain level12'1'' x 14'11''
KitchenMain level12'5'' x 20'7''

Listing Information

MLS®
10372652
Listed
January 13, 2026
Time on market
On the market for 230 days
Data last synced
August 28, 2026

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

Description

Set in one of Penticton’s most sought-after neighborhoods, this exceptional property offers a rare blend of space, privacy, and panoramic Okanagan Lake views. Situated on a beautifully landscaped half-acre lot, this sprawling level-entry rancher is perfectly positioned to capture breathtaking scenery while offering access to the KVR walking trail right outside your door. Rebuilt in 2006, the home showcases a thoughtful and functional layout with 4 bedrooms and 3.5 bathrooms designed for both everyday living and effortless entertaining. The private primary suite occupies its own wing, creating a peaceful retreat that’s thoughtfully separated from the additional main-floor bedrooms by a generous central living space. Downstairs, the lower level offers incredible flexibility—ideal for hosting guests, creating a media room, home gym, or multi-purpose recreation area. Outside, the park-like grounds provide a true sense of retreat, complemented by a large attached double garage and ample additional parking. Whether you’re soaking in the lake views, enjoying the outdoors, or entertaining family and friends, this is a truly special offering in an unbeatable location—one that must be experienced in person. (id:63159)

Values & Trends

This listing

$567/sqft

Building average

No other active listings in this building

Uplands/Redlands average

$1,050/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

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

19

3/9 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 ElementaryElementary472 m
ConnectEd - Alternative ProgramsSecondary1.3 km
Secondaire de PentictonSecondary1.4 km
Penticton SecondarySecondary1.4 km
Entre-lacsElementary/Middle1.7 km
Penticton Christian School(Independent)K-121.8 km
Queens Park ElementaryElementary1.8 km
Holy Cross School(Independent)Elementary/Middle2.1 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 (4)

  • Rusty's327 m
  • The Bench Market463 m
  • The Prague Café548 m
  • Cannery Brewing · 198 Ellis Street788 m

Parks (4)

  • Vancouver Avenue Park370 m
  • Unnamed601 m
  • Marina Way Park630 m
  • Ellis Park766 m

Banks & ATMs (1)

  • Rocky Store - Bitcoin Well ATM · 430 Haven Hill Road783 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($540,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,160,000.00
Periodic payment — Principal & Interest (monthly)$13,935.59
Additional monthly expenses (strata, tax, utilities, etc.)$1,341.67
Total monthly cost$15,277.25
Interest paid over 5-yr term$619,062.21
Balance at end of term$1,942,926.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$540,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,609.64

Cash Needed at Closing

Minimum down payment$540,000
Estimated BC PTT$59,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$600,500

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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